VLSFO supply has tightened in Fujairah and Busan since last week, while lead times for low sulphur bunkers are unchanged on the week in Singapore, Zhoushan and Tokyo. Several suppliers in Fujairah have been unable to offer stems since Thursday last wee…
ENGINE: East of Suez Bunker Fuel Availability Outlook Read More »
Vessel operating costs are expected to continue rising on a hardening marine insurance market, as conclusion of the P&I renewal season exposes the fallout from rising claims and the impact of Covid-19 on global merchant shipping. The marine insuran…
Shipowner Opex Remains Hostage To Rising Marine Insurance Costs Read More »
While commercial crude oil stocks in the European Union and the US have largely returned to 2019 levels, inflated crude oil stocks in China are a “key uncertainty” for medium term crude imports and dirty tanker demand East of Suez, according to Braemar…
‘Uncertainty’ of China’s crude cache Read More »
C apesize It was another rollercoaster week with high activity on the west Australia and Brazil to China routes. The Capesize 5TC opened the week at $14,794 to move quickly up to $17,889 at midweek before tailing off towards the weekend at $16,741. Whi…
Dry Bulk Market: Capesize Market Edges Higher Read More »
If shipping is to welcome commercially viable deep sea zero emission vessels to the international fleet by 2030, zero emission fuels will need to make up 5% of the global shipping fuel mix by that same year. Writing in an Insight Brief for the Global M…
Setting zero emission fuel targets Read More »