Lead times for low sulphur bunker stems are shorter in Singapore, Japan and South Korea this week, while supply has tightened slightly in Fujairah. Singapore’s total fuel oil stocks grew by another 2% last week, reaching a four-month high of 23.62 mill…
ENGINE: East of Suez Bunker Fuel Availability Outlook Read More »
The retreat of COVID-related disruptions will restore market efficiency and freight rates to better reflect underlying supply and demand fundamentals London and Singapore, 12 April 2021. Dry bulk owners enjoying a welcome bounce in earnings and asset v…
Dry bulk owners break out the bubbles but can they avoid the hangover? Read More »
The container shipping market has never been so hot. Investors are piling in as carrier profits take off to new heights. How long can it last? The progression of quarterly carrier operating profits in 2020 was exponential with a near doubling in each p…
Container Market: Feeling hot, hot, hot Read More »
As we have discussed in the previous freight rate forecast publications, there has been upside risk for our last assumption for near-term freight forecast, specifically for sub-Panamax grain tonnages, owing to (a) unusual high congestion, (b) strong co…
Reliability of container shipping deteriorates further After successfully refloating the container carrier Ever Given, the impact on already stretched supply chains is yet to follow. The last of the 350 vessels delayed by the blockage resumed their jou…
Rising costs and less capacity: Shipping’s extraordinary global predicament Read More »