Newbuild spend for Vehicle Carriers (LCTCs / PCTCs / PCCs) smashed past $3.2 billion last week, following big volume orders from Eastern Pacific and Zodiac. An astonishing amount of money for a niche sector, exceeding the previous 6 years total combine…
Car Carrier Asset Prices Move Into The Fast Lane Read More »
Lead times are steady in Singapore and Fujairah, while HSFO and VLSFO supplies have tightened across South Korea this week. Lead times remain steady for bunker fuel oils in Singapore, with 7-8 days recommended for VLSFO and HSFO380 supply. LSMGO contin…
ENGINE: East of Suez Bunker Fuel Availability Outlook Read More »
The product tanker shipping market has been volatile since April 2020 with rising Covid cases in several countries. Average product tanker earnings jumped by 97% MoM in April 2020 with average MR TCE rates surpassing USD 60,000pd and average LR2 spot T…
Products tanker equities – The road ahead Read More »
There has been some discussion on the consistent variation of sailing speed during major Brazilian round routes to find a solution to save fuel and reduce emissions by understanding speed patterns. According to Bulkers at Sea Fleet metrics, the speed o…
Speed, key to reduce carbon emission and indicators for freight demand Read More »
Capesize The Capesize market crested over the past week as the 5TC retracted $4452 since last Friday to close out at $46,647. The north Atlantic basin, largely inactive over the past several months, has surged since mid-August settling today at $52,099…
Dry Bulk Market Goes From Strength to Strength Read More »