From Hormuz to El Niño: Global Shocks Reshaping Dry Bulk Markets

Global dry bulk markets are facing heightened uncertainty as geopolitical tensions in the Middle East and climate driven weather patterns converge. From the strategic risks surrounding the Strait of Hormuz to the demand and supply impacts of El Niño, market participants must navigate an increasingly complex operating environment.

Join S&P Global Energy and BIMCO on Wednesday, May 13 for a data driven webinar: From Hormuz to El Niño: Global Shocks Reshaping Dry Bulk Markets and examine how these twin disruptions are influencing dry bulk demand, fleet dynamics, freight rates, and fuel costs.

This session brings together market fundamentals and price analysis to answer the questions shaping commercial decisions in 2026:

• How could Hormuz disruption affect global trade flows, energy prices, and dry bulk demand?

• What are the expected El Niño impacts on cargo demand, port congestion, and sailing efficiency?

• How are freight rates responding to geopolitical risk, fuel price volatility, and sub optimal routing?

• Which indicators should market participants monitor as risks evolve?

Key Insights You’ll Gain:

• A macroeconomic and trade outlook amid escalating geopolitical tensions

• Dry bulk demand risks linked to Hormuz security and weather related disruptions

• Supply side dynamics including fleet growth, orderbook developments, speed management, and congestion

• Dry bulk freight rate trends and 2026 price performance

• The relationship between bunker fuel prices and freight markets

• How traders, charterers, and owners are responding to shifting trade flows

Don’t miss your chance to register today and gain practical insight, trusted data, and actionable intelligence to help you manage risk and plan ahead.