Client intelligence
What's happening at the client
▍ Meridian announces $400M LNG carrier order with Hyundai HI
- Meridian announces $400M LNG carrier order with Hyundai HI2026-06-18
- Q1 EBITDA up 22% on Red Sea rerouting premiums2026-05-02
- Two vessels detained off Hormuz; insurer arbitration filed2026-04-11
Industry trend
Where the market is moving
▍ Global hull rates
- Global hull rates↓ -4.1% YoYHull rates softening 3–5% YoY as capacity returns post-2023
- War risk surcharges↑ +180bpsRed Sea/Hormuz surcharges remain elevated
- Decarbonisation capex→ $210B by 2030Owners committing to alt-fuel; coverage gaps emerging
Emerging risks
On the horizon
▍ Cyber on bridge systems (ECDIS)
- Cyber on bridge systems (ECDIS)HighFleet-wide ECDIS upgrade in 2026
- Sanctions exposure (shadow fleet)HighTwo charterers on OFAC watchlist
- Ammonia-fuelled vessel toxicity claimsMediumOrder book includes 4 ammonia-ready hulls
AI synthesis
Market & risk brief
AI