Bunker fuel oils are generally available in the US Gulf Coast region amid rising stock levels. Some bunker locations on the Gulf Coast like Corpus Christi have more limited bunker availability for certain dates. US Gulf Coast residual fuel oil inventor…
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In shipping there have been clear winners and loser in the global war against the Covid-19 pandemic. In the latter camp sit cruise ships and to some extent tankers, who have seen earnings spike from storage demands only to fall back as international oi…
Checks and balances on container rates Read More »
With the recent rapid surge in the COVID-19 cases, coal demand in India is forecast to slow down in May and June to around 15 million tons (mt) each month, down 22% from the April 2021 level, following an 8.4% month-on-month (m/m) rise in April. In the…
Fuel availability is generally good across Europe. Some bunker suppliers have plenty of product to sell amid tepid bunker demand, and a push from refineries to supply as they ramp up refinery runs. Economic activity is on the rise in Europe as several …
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In the early hours of 22 April 2021, Vale – the Brazilian mining giant, was ordered to temporary suspend shipping activities at the country’s Guaiba Island terminal, a dedicated iron ore export terminal. Later that day, the hurdle was cleared, an…