Low sulphur bunker fuels are still in good availability across European and African ports. HSFO can be tight for prompt dates with suppliers in the Canary Islands and South Africa. Supply is ample across grades in ARA and the Gibraltar Strait ports. Ri…
ENGINE: Europe & Africa Bunker Fuel Availability Outlook Read More »
In the first four months of 2021, the amount of oil product tanker capacity that has been sent for demolition has already reached the total amount of demolished capacity in each of 2019 and 2020 due to unfavourable freight rates. If that pace continues…
Oil product tanker demolition on track to break 11-year record Read More »
Lead times for low sulphur fuel stems are steady on the week in Singapore, Zhoushan and Tokyo, while prompt supply has improved in Fujairah. Singapore’s fuel oil inventories surged 11% higher to 27.23 million bbls last week – their highest level …
ENGINE: East of Suez Bunker Fuel Availability Outlook Read More »
In our fourth tech talk in this series, Rune Knott, General Manager, Sales & Marketing, talks to four industry experts about gas solutions for LNG carriers. Lasse Bergerud-Wichstrøm, Sales Manager for re-liquefaction solutions at Wärtsilä, Terje St…
A deep dive into gas solutions for LNG carriers Read More »
Capesize The Capesize market has been trading strongly at lofty levels this past week. The 5TC opened the week at $40,608, peaked at $44,817 mid-week before finally retracing to take a breather at $41,514. The market has been hiking higher since the be…
Dry Bulk: Capesize Market Going on Strongly Read More »