Capesize The market endured heavy losses throughout the past week, with the Capesize 5TC dropping from $8,352 to $4,772. In the lead up to Chinese New Year it became quickly evident positions had been managed the week before leaving only minimal loose …
Dry Bulk Market: Capesizes Still Under Heavy Pressure Read More »
Container shipping: Despite the uncertainty, we expect the market to continue in much of the same manner in 2020 as it did in 2019. Lines will remain price-takers as the supply-demand fundamentals will work against them although they should be able to …
In the race to take first place in the competition for shipping’s best alternative to high sulphur fuel oil, much has been made of the advantages of liquefied natural gas (LNG). Rather less noise has, however, been made about its heavier cousin, liquef…
Make room for LPG as a marine fuel Read More »
A further slowing of global dry bulk trade growth momentum unfolded last year. Estimates suggest that in 2019 as a whole growth was weak, below the previous year’s increase. Signs point to a similar outcome – a weak increase – in 2020. Alth…
Dry bulk trade in 2020: continuing sluggish growth? Read More »
Singapore has seen one of the largest drops in the price of Very Low Sulphur Fuel Oil (VLSFO), which peaked on 7 January 2020 at USD 740 per metric tonne (MT) and dropped USD 99 to USD 641 per MT on 22 January. The price has also fallen in other ports …
Low-sulphur fuel oil prices drop USD 99 per MT in Singapore Read More »