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16:15
Apr 25
Apr 25
Shipping capacity loss lifts freight rates.
Ships avoiding Hormuz are detouring around the Cape of Good Hope, extending voyage times and effectively removing a large chunk of global shipping capacity. Panama Canal congestion has worsened as oil tankers outbid bulk carriers, pushing wait times to around 40 days and some grain shipping rates up 50-60%.
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About Shipping rates Investor Commentary
Across the available history and selected sources, Buzzberg tracks Shipping rates across 1 sources: 1 bullish vs 0 bearish calls from 1 authors. Historical directional balance: 100% = 100 × (bullish − bearish) / all deduplicated idea records, including other directions. This is neither a probability of a price rise nor the share of bullish authors. 1 total trade idea tracked. Latest voices: Patrick Boyle.