VLCC Rates Hit $423,736. One Day. All-Time High.
The All-Time Record March 2, 2026. The benchmark VLCC freight rate for a Very Large Crude Carrier moving oil from the Middle East to China printed $423,736 per day ….
Market Signals, Shipping News
Shipping News
Original news articles written by TxZen — analysis, insights, and perspectives on markets, investing, and the world from The Engineer’s Compass.
The Strait of Hormuz: Why This Chokepoint Could Raise Prices for Everyone
The World’s Most Important Traffic Jam Most people do not think a narrow strip of water on the other side of the world has anything to do with their closet,…
Bab el-Mandeb and Tanker Stocks: Why This Chokepoint Matters More Than Suez
Why Bab el-Mandeb May Be the Most Important Chokepoint for Tanker Investors Most investors focus on the Suez Canal when they think about shipping risk. But the more important pressure…
Shipping Stocks Get a Boost From the Oil Route Crisis: Winners and Losers
How the Strait of Hormuz Conflict Is Moving Shipping Stocks A new conflict involving the United States and Iran is shaking up the world’s shipping lanes, and investors are watching…
How the Strait of Hormuz Crisis Affects U.S. Gas Prices and Everyday Costs
Why a Waterway Far Away Matters to Us The Strait of Hormuz may look like a tiny line on a map, but right now it is one of the most…