Special Report | Venezuela: Beyond the Headline Crisis – What Comes Next for Oil, Gas, Mining, and Shipping

This week, Allied Quantumsea Research reviews Venezuela’s mounting economic and humanitarian risks under a sanctions regime that threatens to eliminate most export revenues through 2026.

SECTION II: Overview of Second-hand Investments

Year-End Secondhand Market Shows Limited Contraction Compared with Newbuildings

Weekly Shipping Marker Review

This week’s Allied QuantumSea Research examines preliminary statistics on investment volumes in the newbuilding versus second hand markets ahead of the year’s completion.

MARKET COMMENTARY:

Dry bulk closed 2025 in a very “old-school” way: not through a demand explosion, but through utilization tightening, timing and just enough friction to turn small shifts into big rate moves.

Market Commentary:

The 2025 YTD tanker SnP market remains exceptionally active, shaped by strong freight earnings, long-haul trade patterns and the ongoing effects of sanctions on Russian crude and products.

MARKET COMMENTARY:

The 2025 YTD dry bulk SnP market continues to show strong liquidity, but the nationality mix reveals where real conviction lies. China leads the buying side with 216 vessels, consolidating its role as the most aggressive fleet-expansion force in dry bulk.