An underwhelming demolition market has been the norm so far this year, despite expectations that a lackluster freight market, mainly for tankers, could increase tonnage sold for scrap. However, this hasn’t been the case so far, not to mention that owne…
Scrap Prices Should Rise in Order To Attract More Tonnage Says Shipbroker Read More »
As the lion’s share of the world fleet replaced high-sulphur fuel oil (HSFO) with low-sulphur fuel oil (LFSO) as a mean of propulsion to be compliant with the IMO 2020 global sulphur cap which came into force on 1 January 2020, overall bunker sales ros…
Scrubber-fitted ships nearly double as fuel spread settles at $118 per MT Read More »
Improving maritime supply chain reliability is once again a top corporate issue, but stretched logistics teams often struggle to build a business case for adoption of shipment visibility systems. In February’s Logistics Executive Briefing, Drewry analy…
At times of supply chain disruption, visibility is key Read More »
US refinery production has yet to recover from the outages last month, and lower domestic fuel oil production has increased the country’s appetite for imports cargoes. An unusual blizzard and freezing temperatures in the US Gulf Coast knocked out much …
ENGINE: Americas Bunker Fuel Availability Outlook Read More »
Stronger rates mean profit, but not as much as Wall Street expected
Navigator Holdings flips to profit in strong LPG carrier market Read More »