“ Fill her up son, unleaded; I need a full tank of gas where I’m headed,” former Police-front man, Sting, sang back in 1999 on his solo album: “Brand New Day”. This country-inspired song could be the anthem for what is coming around next week, as…
All eyes on US gasoline today; will demand exceed 9.2m bpd? Read More »
For European exporters looking to source shipping containers, existing shortages could deteriorate significantly in the coming weeks, according to the latest data from Container xChange, the world’s leading online platform for the leasing and trading o…
Container Prices Surge In Europe As Carriers Favour Loading Empties Read More »
Commodity markets were shaken over the weekend when news got out about the Chinese government warning “speculators” and “hoarders” in commodity markets about price fixing activities. But let’s be clear, the Chinese authori…
Baltic Dry Index to Push Through 4,000 points? Read More »
HSFO380 availability has tightened considerably in Fujairah, while Singapore’s lead times for all fuel grades are unchanged from last week. Singapore’s fuel oil inventories dropped by a further 5% last week to a seven-week low of 24.96 million bbls, ac…
ENGINE: East of Suez Bunker Fuel Availability Outlook Read More »
Capesize The Capesize market managed to turn its fortunes around this week stemming the slide from the previous week. Opening the week at $34,542 the 5TC weakened until midweek before posting a solid 959 gain to settle at $32,593. This revival is large…
Dry Bulk Market: Capesizes Inch Forward After Rough Patch Read More »