CSC Phoenix wins Minsheng bulker auction
Chinese owner submits the only bid for two handysize coastal bulkers auctioned on an Alibaba platform.
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Tariff truce prompts speculation over US-China tanker trade
China’s return to the US Gulf tanker market will boost longhaul VLCC demand, but total tonne miles might not increase much if the country reduces buying of other Atlantic barrels.
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Cuts by Opec and allies will not derail tanker market recovery
US exports and IMO 2020 could offer support to earnings against short-term headwinds
Cuts by Opec and allies will not derail tanker market recovery Read More »
HSFO set for long life despite IMO 2020 deadline
Even though there could be logistics challenges in securing supply, HSFO is not expected to disappear from the bunker mix with the number of scrubber-fitted ships set to increase
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