June 15, 2026

Mads Frank Markussen explored the impact of Trump’s tariffs, sanctions

Recently, our colleague Mads Frank Markussen, Head of Freight Research & FFA, joined Felipe, Neil, and Michael on a special bonus episode of Sparta Market Outlook to dive into all things freight.

Mads and the Sparta team explored the impact of Trump’s tariffs, sanctions, and market inefficiencies on oil and freight trading, as well as how tariffs on Mexico, Canada, and China could reshape trade flows—discussed potential US-Europe tariff conflicts and why Russian sanctions have had a limited effect on dry bulk markets.

The conversation covered key differences between tanker and dry bulk markets and the growing influence of emissions regulations on voyage costs across the industry.

A must-listen for anyone in freight and commodities—check it out!

Listen to the full podcast here: https://www.spartacommodities.com/insights/freight-special-with-mads-frank-markussen-head-of-freight-research-ffa-at-cm-navigator/

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