Baltic Dry Index Up for 13th Day

The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, was up for a 13th successive session on Tuesday, rising 0.3% to a fresh high since early December 2025 at 2,640 points. The capesize index, which typically transports 150,000-ton cargoes including iron ore and coal, held steady at a …

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Windward: Q1 2026 Risk Report: Shipping’s Most Turbulent Quarter in 50 Years

On February 28, the Iran war effectively closed the Strait of Hormuz. Within days, daily traffic through the world’s most critical oil chokepoint collapsed from roughly 120 vessels to a trickle — a 97% drop that left more than 800 ships stranded west of the strait, thousands of seafarers in limbo, and Asian refiners scrambling …

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What Does China’s Shifting Grain Supply Strategy Mean for Global Commodity Trade Flows?

Following last year’s US-China trade truce, China has resumed purchases of US grains and soybeans, a development welcomed by Washington after years of steadily declining volumes. Yet even as Beijing honours its commitments to American farmers, it is simultaneously casting its net wider. This month, Chinese trader COFCO lifted the first Argentinian corn cargo bound …

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