Making accurate predictions for the container shipping markets in 2022 is a fool’s game. Forecasting, of course, always involves an element of uncertainty. But as long as market developments are relatively normal – and the risk of major events is…
FBX Index: 2022: Dominated by “known unknowns” Read More »
Recently, due to the exponential progress in the robotization of the economies, the discussions on the pros and cons of technological progress started again. Modern industrial robots are present not only in industries related to transport equipment or …
Will Robots Reshuffle World Trade Directions? Read More »
US fuel oil stocks have been drawn to their lowest levels on record, supply is set to recover in Vancouver after a pipeline restart, and prompt bunker availability is generally tight across ports in the Americas. At no point since records began in 1982…
ENGINE: Americas Bunker Fuel Availability Outlook Read More »
With the Brent price recently touching the $80 mark and before the Omicron variant concerns pushed it lower, bunker prices reached levels not seen since early 2020. Following the OPEC+ decision not to release additional crude oil volumes on the market …
Bunker buyers lose up to $5/mt for not covering enough suppliers Read More »
December looks like another bullish month for container freight rates, with increasing supply constraints caused by global concern over the new Omicron variant. With high demand for goods in the quarter ahead of the year end festive period, coupled wit…
FBX Index December: Looking forward Read More »