HSFO380 availability has improved to shorten lead times in Singapore, and plentiful supply has kept South Korean VLSFO prices at regional discounts this week. VLSFO remains tight for prompt dates in Singapore, while HSFO380 has become more readily avai…
ENGINE: East of Suez Bunker Fuel Availability Outlook Read More »
The current LNG market scenario with high LNG demand in Asia and low storages in Europe indicates a ’summer with all attributes of winter’. The statement holds weight with spot LNG prices seven times higher than in 2020 while LNG shipping rates have do…
Asia’s summer, Europe’s winter create explosion in LNG market Read More »
Importers, particularly those reliant on container shipments, are facing a storm of disruptive factors. The COVID-19 pandemic has created winners and losers as it has across the economy. The pandemic has been joined by several other factors that are di…
Stormy seas for importers Read More »
Capesize The Capesize market strengthened this week as Pacific routes were affected by weather incidents pushing the 5TC up $3,244 week on week to settle at $35,713. China endured typhoon In-Fa throughout the week as it closed ports and disrupted tonna…
Dry Bulk Market: Capesize Segment Strengthens Read More »
The global economic recovery is still on track, but it is being skewed more heavily towards advanced economies who are being buoyed by fiscal support, access to vaccines and improved health metrics, according to the International Monetary Fund (IMF). R…
‘Widening fault lines’ unbalance global recovery Read More »