Positive outlook for 2021 and stronger revival already in Q4 of 2020 for East Asia & Europe, uncertainty still high. Main Observations • The incorporation of the most recent historical data for the third and fourth quarter of 2020 has significantly…
New global trade forecast by IHS Markit GTA Forecasting Read More »
North American import of containerised goods from the Far East soared to a noteworthy high of 1.62m TEU during February 2021, a 100% increase from the low point of the same month last year. Fuelled by US stimulus, volumes moving on the trans-pacific tr…
North America’s February container imports jump 100% from Far East Read More »
The rapid recovery in earnings for multipurpose vessels is expected to slow from the second half the year as capacity constraints and supply chain disruptions in competing sectors ease, according to Drewry’s Multipurpose Shipping Annual Review & Fo…
Multipurpose earnings rally at risk from overordering in competing sectors Read More »
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 »