Futures
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TradFi
Gold
One platform for global traditional assets
Options
Hot
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Introduction to Futures Trading
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Demo Trading
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Launch
CandyDrop
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Launchpool
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HODLer Airdrop
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Launchpad
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Alpha Points
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Futures Points
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Shipping is the most profitable trade on earth right now.
The cost of hiring a supertanker from the Middle East to China hit $481,000 per day last week.
It was $63,000 in December.
The Strait of Hormuz went from 79 ships a day to zero in 48 hours.
Iran officially closed it to Western vessels on March 5.
Only shadow fleet tankers linked to Iran and China are still moving through it
Oil started the year at $63 and hit $126 last week.
The IEA just announced the largest emergency oil reserve release in history of 400 million barrels.
One South Korean company called Sinokor now controls 25% of the global supertanker market.
They're charging $20 per barrel just to move oil.
The average last year was $2.50.
90% of everything we buy travels by ship.
When freight rates 8x in three months that cost hits oil, gas, groceries, and everything on the shelf.
Even Jeffrey Epstein made a fortune shorting shipping futures during wartime.
Wars end. Freight prices crash. The short prints.