Europe remains well supplied with bunker fuels, and while there are some delays in Algeciras and Gibraltar from the start of the week, bunker congestion is expected to ease in these ports shortly. Northern European and Mediterranean bunkering ports hav…
ENGINE: Europe & Africa Bunker Fuel Availability Outlook Read More »
Demand drivers and freight rates The first four months of 2021 have been record-breaking in volume terms, with demand reaching 1.69 billion tonnes – the highest-ever start to a year. Volumes are up 6.1% compared with the same period in 2020, and only s…
Dry Bulk Shipping: Record-Breaking Start To Year Drives Earnings To Decade Highs Read More »
Traditionally, maritime risks have been relatively predictable such as human error, mechanical failures and natural disasters. The continual growth of international trade and the introduction of new technologies mean that shipping industry risks are ev…
Rethinking Shipping’s Risk Management Read More »
Prompt delivery slots available amid more muted bunker demand in Fujairah, and weaker bunker demand weighs on VLSFO refinery margins in Singapore. Singapore’s fuel oil inventories fell to two-month lows of 22.88 million bbls last week. The stocks have …
ENGINE: East of Suez Bunker Fuel Availability Outlook Read More »
China continues to block Australian coal and is diversifying its import sources (long haul countries) which will support coal shipping demand in 2021. Amid the China-Australia trade dispute, China has significantly increased its imports from the US, Ca…
China pushes coal trade on the longer route – a boon for smaller vessels? Read More »