The dry bulk market sentiment, at least for the long term, appears to remain positive, if the futures market is any indication. In its latest weekly report, shipbroker Allied Shipbroking said that “there is a fair amount of disarray in global markets, …
Dry Bulk Market: Long Terms Positive Momentum Still Seen Intact Read More »
Four weeks after Russia’s invasion of Ukraine a few things have become clearer, but much uncertainty remains. Further sanctions have been imposed on Russia, including the US banning Russian energy imports, and more is about to come. Before United State…
Russia exports slow as war in Ukraine heads into 5th week Read More »
The two ‘Fs’ of global commodity trade – food and fuels – are key concerns for the United Nations Conference on Trade and Development (UNCTAD) as the war in Ukraine nears its fourth week. In its report on ‘The Impact on Trade and Development of the War…
Food and fuels security concerns Read More »
Shipowners’ appetite for newbuildings has kept its positive trajectory, as has been the case for most of 2022 so far. In its latest weekly report, shipbroker Allied said that “the Shipbuilding market moved on a positive trajectory as of the past week, …
Newbuilding Orders On Positive Ground Read More »
Just four weeks ago we wrote about Singapore VLSFO prices being at an all-time high of $765/mt. Since then, Singapore prices have hit $1,027/mt and Rotterdam prices have been even higher at $1,109/mt. The reasons are obvious and bunker prices clearly c…
Prices are high, daily volatility is high and European bunker prices are above Singapore Read More »