# Markets reach all-time high with 'exceptional' earnings

> 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.

- Date: 2026-11-02 · published 2026-11-03T09:14:08.008Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/77448-markets-reach-all-time-high-with-exceptional-earnings
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

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.

## Read by commodity

- WTI: neutral
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2022-02-28 | [Shipping ponders response to Russo-Ukraine conflict - Hong Kong Maritime Hub](https://feedsoft.ai/events/42608-shipping-ponders-response-to-russo-ukraine-conflict-hong-kong-maritime-hub.md) | +26.3% | +25.9% |
| WTI | 2026-05-14 | [Panama Canal transit auction fees rise to US$4 million](https://feedsoft.ai/events/16856-panama-canal-transit-auction-fees-rise-to-us-4-million.md) | +3.8% | -9.8% |
| WTI | 2017-09-01 | [Inter Continent Trading: Tankers: Persian Gulf vs Red Sea freight premium disappears as Harvey disrupts trade](https://feedsoft.ai/events/68843-inter-continent-trading-tankers-persian-gulf-vs-red-sea-freight-premium.md) | +0.4% | +9.4% |
| WTI | 2026-04-22 | [Tankers undercut grain ships in Panama Canal: queues have increased significantly — EADaily, April 22nd, 2026 — Politics, Russia](https://feedsoft.ai/events/16869-tankers-undercut-grain-ships-in-panama-canal-queues-have-increased.md) | +9.8% | +18.8% |
| WTI | 2021-03-26 | [Suez Canal crisis: Here are the cargoes in the crossfire - FreightWaves](https://feedsoft.ai/events/48030-suez-canal-crisis-here-are-the-cargoes-in-the-crossfire-freightwaves.md) | +5.0% | +6.3% |

## Sources

- shipmanagementinternational.com: https://www.shipmanagementinternational.com/smi-magazine/markets-reach-all-time-highwith-exceptional-earnings

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.