H2 OUTLOOK: Shipping bottlenecks, uncertainty to impact Middle East chemical trade

Petrochemical supply flows from the Middle East over the second half of the year are contingent on shipping bottlenecks, many of which will depend on how the conflict between the US and Iran develops. But, market participants said, it’s unlikely there will be swift return to prewar trade flow levels for most chemicals originating in …

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1H 2026 Shipping Market Trends & Highlights

The first half of 2026 was defined by the closure of the Strait of Hormuz following US-Israeli military operations against Iran in late February. The disruption rippled across shipping markets: asset values recovered strongly across most segments, ordering activity rebounded across several sectors, and Chinese shipyards further consolidated their dominance. Our 2026 Mid-Year Shipping Market …

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