Shipping Market Outlook: Q3 2026
AI Summary
The Q3 2026 shipping market is impacted by geopolitical changes related to the Iran conflict. The Islamabad MOU signed on 17 June has initiated a partial reopening of the Hormuz Strait transits, reshaping global trade patterns with full normalization expected by year-end.
As we enter this next quarter, shipping markets are navigating a pivotal geopolitical inflection point. The Islamabad MOU signed on 17 June marks a tentative de-escalation of the Iran conflict, with the Hormuz Strait transits gradually resuming, but full normalisation is not expected before year-end. The prolonged closure has reshaped trade patterns across all sectors, ...