Prompt deliveries of low sulphur stems remain widely available in ARA, Gibraltar Strait and South African ports, while HSFO380 is in slightly better supply in the Canary Islands this week. Independent inventories of fuel oil in the Amsterdam-Rotterdam-…
ENGINE: Europe & Africa Bunker Fuel Availability Outlook Read More »
The beauty of shipping investments is their cyclical nature embedded in the industry and although there are always explanations and reasons for each leg of the cycle, usually ex post, the plain reality is that shipping rates go up and down because this…
Dry Bulk Correction Underway. Where is the Bottom? Read More »
The surge in US container imports continued in April when West Coast loaded imports amounted to 1.10m TEU. Imports had never exceeded this level until August 2020, and developments in the past nine months mean that April imports are only the sixth high…
US West Coast imports exceed 1m TEU in nine out of ten past months Read More »
Lead times are shorter for low sulphur bunker stems in Singapore this week, and Fujairah has better availability for all three fuel grades. Singapore’s fuel oil inventories dipped 3% last week, despite exports plunging to 8-month lows, according to Ent…
ENGINE: East of Suez Bunker Fuel Availability Outlook Read More »
Recent signs point to a pickup in world seaborne coal trade during 2021. But it seems unlikely that the strengthening will fully reverse last year’s huge decline, and there appears to be limited potential for continued recovery next year. A sustained d…
A brief rebound in global coal trade? Read More »