
Clarksons' ClarkSea Index hit an all-time high of $46,384/day in Q3 2026, driven by disruption-driven rates in crude and LPG tankers and strong container, car carrier and bulker markets. VLCC spot earnings averaged over $600,000/day in Q3, peaking at $1.6m/day, as Hormuz flows were rerouted via shuttle fleets and longer Cape routes.
Shipping rates are being pushed up by Middle East disruption that lengthens voyages and raises tanker demand, which raises freight costs for grain and oilseed cargoes and tightens logistics for feed ingredient imports.
Not enough comparable past events yet for a historical read.
After 11 past neutral logistics events, Crude Oil (WTI) moved a median +3.8% over 5 sessions (73% higher; middle half -0.4% to +6.6%), and +6.3% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.