China’s Covid-19 spike brings record container freight rates
Maersk is diverting up to 40 containerships from congested ports
China’s Covid-19 spike brings record container freight rates Read More »
June 2021
Demolition Market Heading Backwards
Things have slowed down in the demolition market for yet another week in 2021. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “with little tonnage to engage buyers again this week, and the Monsoon season in the sub-continent n…
Demolition Market Heading Backwards Read More »
Panama Ship Registry Grows 3.2m Gt In Time Of Crisis
In spite of the pandemic caused by Covid-19, Panama Ship Registry continues to grow. During the first four months of this year, 104 newly built vessels were registered, representing 3.2M GT, showing that the Panamanian Register remains the flag of pref…
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ENGINE: Europe & Africa Bunker Fuel Availability Outlook
European and African bunkering ports continue to have readily available supplies of all fuel grades, while supply options have been reduced in Ceuta this week. Higher refinery margins have spurred refiners to produce more road fuels and gasoil, and fue…
ENGINE: Europe & Africa Bunker Fuel Availability Outlook Read More »
Product tanker rates near 2021 low as clean markets stay quiet
With only a few weeks left in the first half of the year, product tanker rates have fallen steadily over the last several days
Product tanker rates near 2021 low as clean markets stay quiet Read More »