Shipping Daily-06/11/2026

Research evidence excerpt

Shipping Daily-06/11/2026

20,607 -3.4% -9.9%

Teheran responded by declaring the Strait closed again – albeit disputed UltramaxMarket indicators: Last 6 days " Last$20,449price 1-day0.3%ch. Week$20,006ago 1-week2.2%ch. 1-month4.2% ch.

by the US. Brent virtually unchanged at $93/bbl and Defence Secretary IronBalticoreDryimportIndexprice (China) USD/tonIndex $101.92,771 -1.7%1.0% $104.03,124 -11.3%-2.0% -8.4%-7.7%

Hegseth said the attacks were meant to force a deal, not restart the war. Commodity trade (monthly) Last 6 months Last data Month ago 1-month ch. Year ago 1-yr ch.

Mostly higher for shipping equities yesterday. FRO ($1.55) and BWLPG ChinaChina ironcoal oreimportsimports mtons" 97.733.3 103.933.1 -5.9%0.6% 98.136.0 -0.4%-7.7%

($0.67) trade ex-dividend in Oslo today. Last 1-day 1-week 1-month

LPG: 6 days Yesterday change % Week ago change % change %

VLGC: Middle East - Asia USD/day $240,063 0.0% $203,069 18.2% #DIV/0!

CMBT: In talks of selling two 2023-built suezmaxes above our quotes VLGC:MarketUSGoMindicators:- Asia Last 6- days " Last$154,945price 1-day-2.5%ch. Week$166,090ago 1-week-6.7%ch. 1-month-16.5%ch.

• Interesting article in TW this morning; referring to broker chatter that Naftomar Mt.JapanBelvieu1M fwdspotpropanepropane USD/ton" $417$712 0.5%2.2% $436$741 -4.3%-3.9% -10.1%-9.2%

and MSC are in a bidding war for two of CMB.TECH’s 2023-built suezmaxes JapanSaudi Arabiaspot naphthaspot propane "" $765$670 2.6%0.1% $807$690 -5.2%-2.9% -22.2%-4.7%

(‘Brugge’ and ‘Brest’). Initial price talks are said to have started around $110m Commodity trade (monthly) Last 6 months Last data Month ago 1-month ch. Year ago 1-yr ch.

per ship, with Naftomar reportedly offering $112m+ JapanIndia LPGLPGimportsimports mtons/month" 0.80.7 0.90.8 -11.6%-13.5% 0.71.6 -56.6%14.9%