Marsoft’s latest market eBriefs show both the tanker  and dry bulk  sectors entering 2026 with solid momentum, shaped by a mix of supportive fundamentals and evolving geopolitical dynamics. While each market faces its own set of drivers, both share an early‑year strength that may moderate as supply and routing conditions shift later in the year. Tanker Market: Strong Fundamentals, Heightened Enforcement Environment Tanker markets begin 2026 on firmer footing, with early‑Janua

January 5, 2026 Recent U.S. intervention in Venezuela represents a major geopolitical development, but a relatively modest near-term event for global shipping markets. Venezuela’s current role in seaborne oil trade is limited, and despite the country’s large reserves, any meaningful recovery in crude production will require substantial time and investment. The more relevant shipping implications lie in trade flow reshuffling, sanctions enforcement and dark fleet adaptations,

In the Book of Genesis, Joseph interprets Pharaoh’s dreams as a warning of seven years of plenty followed by seven years of famine. His advice was not to deny the coming abundance, but to “look for a wise man,” someone who would manage the years of plenty, so that abundance itself did not become the cause of ruin when the cycle turned.   The shipping market has its own cycles, three major cycles of which are apparent in the data from 1985.  We are currently at or near peak re

Capes above $40,000/day — what’s behind the breakout? In the latest episode of The Marsoft Beat , Kevin Hazel  sits down with Ryan Uljua  to unpack the remarkable rally in the largest dry bulk segment. They cover:   ⚓ Brazilian long-haul iron ore strength 🌍 West Africa’s rising iron ore role...even before Simandou ramps up 🇨🇳 China’s “steel production down, iron ore imports up” paradox 📈 How 2025 has tracked along Marsoft’s early-year "High Case" scenario 🚢 Our latest re

Marsoft’s Dry Bulk market outlook for the remainder of the year is cautiously optimistic: improved grains trade prospects, steadier iron ore imports, and the recent seasonal rebound in Asian coal flows have prompted modest upward revisions to our base case relative to last August. Looking at 2026 however, China’s slowing import demand, firm fleet growth throughout the year and the expected Red Sea normalisation in 26H2 point to a gradually softening balance throughout 2026, w

In the latest Marsoft Beat, Ryan Uljua sits down with Marsoft President Dr. Arlie Sterling to unpack what >100% US-China tariffs mean for...

China’s economic slowdown has significant implications for global markets, particularly shipping. Recent reports of prominent Chinese...

As 2024 comes to a close, Jan Fraser Jenkins sat down with Arlie Sterling, President of Marsoft, to reflect on the year’s most...

Ryan Uljua gave a presentation at the Marine Money Academy held in conjunction with the 2024 Ship Finance Forum in New York last week,...

After peaking in the 2020/21 crop year at 580 million tonnes, the grain trade has now fallen over the past two years. The latest figures...

Fleet sustainability and a greener future for all is top of mind for Marsoft, and we strive to accurately reflect the value of energy...

A sharp drop in port delays, set against the backdrop of weak trade demand, was the key factor behind the swift retreat in dry bulk...

A highlight from Marine Money London was Arlie Sterling, President of Marsoft, interviewing Christos Begleris (Co-CFO Star Bulk). A...

2022 was a tale of two halves for the dry bulk market, with a strong first half followed by a rapid retreat in the second half of the...

It has been a long while since global economic developments were the common denominator explaining the rise and fall of all major...

ASBA Cargo Conference Friday, 30th September, 10.30 -11 am EST In the session LOOK TO THE FUTURE, Arlie Sterling, President of Marsoft,...

Things are changing fast in some of the major shipping sectors. Our quarterly reports discuss fundamentals in detail and provide...

The Russian-Ukraine War is wreaking havoc on European energy markets, and while the oil and gas markets have drawn the most attention,...

The June eBriefs examine the impact and key developments affecting the dry bulk and tanker markets arising from the impact of the...

Our 22Q2 Dry Bulk and Tanker reports are out now. The discussion includes: Sanctions against Russia already making a shift in trading...