Shipping - Global High Frequency Tracker: Shipping in Charts #112

Research evidence excerpt

Shipping - Global High Frequency Tracker: Shipping in Charts #112

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Shipping - Global High Frequency Tracker

Shipping in Charts #112

Industry Overview

Tracking the high frequency shipping data 26 June 2026

This report contains our preferred charts to track shipping & supply chains. Hormuz Equity

transits have rebounded to 25% of normal in the past week led by tanker and bulker Global

flows. Container shipping looks poised for more spot rates upside into July with checks Shipping

suggesting strong demand, although Shanghai-Los Angeles rates could be closer to the Nathan Gee, CFA >>

top with new loader supply additions. Tanker VLCC rates have rebounded to US$150- Research Analyst

200k/day (with some reported fixtures above this), and forward curves suggest Middle Merrill+65 6678Lynch0418(Singapore)

East-China VLCC rates could hold above US$200k/day through 2H26. And bulker demand nathan.gee@bofa.com

in May looks boosted by Latam grain and rebounding coal flows and forward curves Ken Hoexter

Research Analyst

suggest elevated rates holding into 2H26. BofAS

+1 646 855 1498

Hormuz transits rebounding led by tanker and bulker ken.hoexter@bofa.com

Muneeba Kayani >>

Hormuz transits are up to 25% of normal in the past week with tanker and bulker flows Research Analyst

leading the returns at 40% of normal. Red Sea transits are back to half of normal led by MLI (UK)

+44 20 7996 5208

tanker and car carrier, while container transits could ramp in the coming months with muneeba.kayani@bofa.com

the Gemini Alliance most likely to return in the coming weeks. Hiro Nakakura, CFA >>

Container: More spot rate upside into July Merrillhiro.nakakura@bofa.comLynch (Singapore)

Port congestion is up to 10% of the fleet (+2ppt YoY & MoM) with higher congestion Amy Han >>