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

VLCC spot rates have surged past $120,000/day, driven by OPEC supply, sanctions enforcement, and a sharp rise in oil on the water. In this episode of The Marsoft Beat, Ryan Uljua speaks with Marsoft Senior VP John Moulopoulos to break down what’s behind the spike and how long it’s likely to last. Drawing on Marsoft’s recent 25Q4 Tanker Market Report, they discuss the temporary drivers lifting earnings today, the impact of Red Sea normalization on tonne-mile demand, accelerati

Ryan Uljua talks with Hauke Kite-Powell about Marsoft’s latest LNG forecast—built for shipowners. They cover why spot rates are expected...

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