US refinery production has yet to recover from the outages last month, and lower domestic fuel oil production has increased the country’s appetite for imports cargoes. An unusual blizzard and freezing temperatures in the US Gulf Coast knocked out much …
ENGINE: Americas Bunker Fuel Availability Outlook Read More »
Improving maritime supply chain reliability is once again a top corporate issue, but stretched logistics teams often struggle to build a business case for adoption of shipment visibility systems. In February’s Logistics Executive Briefing, Drewry analy…
At times of supply chain disruption, visibility is key Read More »
In the first two months of 2021, Brazilian iron ore exports have risen by 9.1% to 53.0m tonnes, driven by China. So far this year, 35.2m tonnes of iron ore has been exported to China, representing a 15.2% increase from the same period last year and sta…
China’s One-Sided Recovery Drives Iron Ore Market Back Up Read More »
After the initial disruption, last year ended better than expected for global shipping. The industry will benefit from world trade recovery in 2021, with average seaborne trade volumes expected to end above pre-pandemic levels, yet underlying differenc…
Shipping sector outlook: Container prices spike while tanker rates plunge Read More »
Low sulphur bunker fuels are readily available in most large ports in Europe and Africa, while HSFO volumes are tight in the Canary Islands and South Africa. A slowdown in eastward fuel oil cargo flows has left more fuel oil in storage in ARA. Independ…
ENGINE: Europe & Africa Bunker Fuel Availability Outlook Read More »