Shipping, freight & commodities
Greece & Cyprus

The Manifest

Wednesday 11 November 2026
Compiled 10:00 EET
WTI$86.44+0.5%BRENT$92.25+0.8%NATGAS$3.29−0.3%GOLD$4,068+0.9%SILVER$53.01+3.7%COPPER$6.32+1.6%AAPL$348.51+1.8%TSLA$379.78+6.0%NVDA$168.89−9.5%PLTR$168.82+5.3%MSFT$533.16+0.5%AMZN$270.87+4.5%META$641.39+5.1%GOOGL$287.38+0.9%AMD$515.21+14.7%FRO$43.87−3.4%ZIM$28.10+0.5%ECO$81.67−1.9%TEN$45.16+0.7%PXS$5.54+0.0%SBLK$27.36+2.4%SB$7.58+6.6%SHIP$14.64+3.7%DSX$2.37+1.3%EDRY$38.80+12.1%CTRM$1.27−6.6%DAC$147.24−0.6%GSL$42.29+8.3%CMRE$12.94+1.7%ESEA$64.97+2.5%LPG$46.45−0.2%CCEC$20.19−1.9%BTC$73,898−1.3%ETH$2,064−2.6%SOL$83.03−3.5%XRP$1.057−3.7%WTI$86.44+0.5%BRENT$92.25+0.8%NATGAS$3.29−0.3%GOLD$4,068+0.9%SILVER$53.01+3.7%COPPER$6.32+1.6%AAPL$348.51+1.8%TSLA$379.78+6.0%NVDA$168.89−9.5%PLTR$168.82+5.3%MSFT$533.16+0.5%AMZN$270.87+4.5%META$641.39+5.1%GOOGL$287.38+0.9%AMD$515.21+14.7%FRO$43.87−3.4%ZIM$28.10+0.5%ECO$81.67−1.9%TEN$45.16+0.7%PXS$5.54+0.0%SBLK$27.36+2.4%SB$7.58+6.6%SHIP$14.64+3.7%DSX$2.37+1.3%EDRY$38.80+12.1%CTRM$1.27−6.6%DAC$147.24−0.6%GSL$42.29+8.3%CMRE$12.94+1.7%ESEA$64.97+2.5%LPG$46.45−0.2%CCEC$20.19−1.9%BTC$73,898−1.3%ETH$2,064−2.6%SOL$83.03−3.5%XRP$1.057−3.7%
Hormuz

Hormuz tanker attacks mount

Two tankers were attacked around the Strait of Hormuz on Tuesday: an ADNOC Logistics & Services vessel was damaged in UAE territorial waters on the 'Hormuz shuttle' route and UKMTO reported an apparent projectile strike on another tanker, while Iran claims three vessels struck naval mines and The National reports four Indian crew injured in an attack on a Liberia-flagged tanker in the Gulf.

For UW Group Strikes inside UAE waters add damaged hulls needing inspection, underwater survey and repair in the region, and raise the risk to any crews or riding squads sent to work aboard ships on the Gulf side of the strait.

Our take

The attacks have moved inside UAE territorial waters, so the shuttle leg that owners treated as the protected side of Hormuz is now exposed too. Expect war-risk costs and crew reluctance to rise faster than any easing in freight, with damaged tonnage looking for repair slots close by. Iran's mine claim is unverified, but owners will plan as though it were true.

Splash247

Shipping & Freight 5 stories

Demolition

Ship recycling stays weak in October while sanctioned vessel disposals accelerate

Lloyd's List reports ship recycling stayed weak in October while disposals of sanctioned vessels accelerated.

For UW Group Weak demolition keeps older ships trading longer, sustaining demand for repairs, spare parts, steel work and coatings on ageing tonnage.

Our take

If Lloyd's List's reading holds, the mainstream fleet is ageing in service rather than shrinking, which means more special surveys and heavier yard work through next year. Sanctioned-ship disposals are driven by policy, not market conditions, and should not be read as a scrapping recovery.

Lloyd's List · reported, not yet confirmed
Red Sea

Container lines drive sharp Bab el Mandeb traffic rebound

Lloyd's List reports container lines are driving a sharp rebound in Bab el Mandeb traffic despite renewed Houthi escalation.

For UW Group More container tonnage returning through the Red Sea and Suez puts more ships through the Eastern Mediterranean, within reach of Greek repair and service bases.

Lloyd's List · reported, not yet confirmed
Tankers

DHT books 68% of VLCC Q4 spot days at a staggering $579,900 average

DHT has booked 68% of its fourth-quarter VLCC spot days at an average of $579,900 a day after a third-quarter profit that eclipsed its earnings for the whole of 2025.

Our take

DHT's fourth quarter is largely fixed, so the figure shows where the market was rather than where it is going, and Lloyd's List reports the mood turning more bearish even as owners reveal record fourth-quarter rates. What lasts is the cash, which will fund newbuildings and this winter's drydock programmes. Watch for owners bringing scheduled maintenance forward once spot earnings soften and time off-hire gets cheaper.

Seatrade Maritime
Newbuilding

Cosco Shipping Energy unveils massive VLCC expansion

Cosco Shipping Energy has locked in 10 new VLCCs and a bareboat charter for another 14, which TradeWinds says gives it the world's largest VLCC orderbook, overtaking Greek owner Dynacom.

Seatrade Maritime
Panama

Panama Canal turns the taps back on

The Panama Canal Authority has raised daily transit capacity to 34 vessels and increased the maximum neopanamax draft to 50 ft after an exceptionally wet October.

Splash247

Grain & Commodities 2 stories

Greece & Cyprus 3 stories

Greek owners

Higher bulker rates push Safe Bulkers to strong profit

Safe Bulkers reported a strong profit on higher bulker rates and, according to TradeWinds, is in no hurry to order replacements for its ageing capesizes, with a 46-ship fleet averaging 9.8 years and eight newbuildings due by 2029.

For UW Group A Greek owner keeping ageing capesizes trading rather than replacing them points to continued drydock, steel, spare-parts and coatings spending on older hulls.

Lloyd's List

Geopolitics 2 stories

Black Sea

Bulgaria Reports Discovery of Human Remains on Ship Hit by Drone

Bulgarian officials confirmed human remains were found on one of the vessels struck by drones off Romania last week, and TradeWinds reports the remains of six seafarers have been found on a tanker bombed in the Black Sea.

For UW Group Fatal drone strikes on merchant ships make every service call, repair attendance or riding-squad deployment in the Black Sea a direct safety risk to the people sent.

Maritime Executive
US-China

U.S. Formalizes Two-Month Extension of China Ship Port Fee Suspension

The Trump administration has formally extended its suspension of port fees on Chinese-built and Chinese-operated vessels for two more months into January, with Seatrade Maritime reporting the post-midterm political landscape adds pressure on USTR to cancel the fees after that deadline.

gCaptain

Energy & Offshore 4 stories

Markets Edition prices are shown first; provider quotes refresh automatically when available

Checking external price feeds…

Commodities

WTI crude$86.44+0.5%
Brent crude$92.25+0.8%
Natural gas$3.29−0.3%
Gold$4,068+0.9%
Silver$53.01+3.7%
Copper$6.32+1.6%

Tankers & gas

FROFrontline$43.87−3.4%
ECOOkeanis Eco Tankers$81.67−1.9%
TENTsakos Energy Navigation$45.16+0.7%
PXSPyxis Tankers$5.54+0.0%
LPGDorian LPG$46.45−0.2%
CCECCapital Clean Energy Carriers$20.19−1.9%

Dry bulk

SBLKStar Bulk$27.36+2.4%
SBSafe Bulkers$7.58+6.6%
SHIPSeanergy$14.64+3.7%
DSXDiana Shipping$2.37+1.3%
EDRYEuroDry$38.80+12.1%
CTRMCastor Maritime$1.27−6.6%

Containers

ZIM$28.10+0.5%
DACDanaos$147.24−0.6%
GSLGlobal Ship Lease$42.29+8.3%
CMRECostamare$12.94+1.7%
ESEAEuroseas$64.97+2.5%

Technology

AAPL$348.51+1.8%
TSLA$379.78+6.0%
NVDA$168.89−9.5%
PLTR$168.82+5.3%
MSFT$533.16+0.5%
AMZN$270.87+4.5%
META$641.39+5.1%
GOOGL$287.38+0.9%
AMD$515.21+14.7%

Crypto

Bitcoin$73,898−1.3%
Ether$2,064−2.6%
Solana$83.03−3.5%
XRP$1.057−3.7%

The stories shaping shipping, trade and the markets.