Events in the past few months have darkened the outlook for many seaborne dry bulk commodity trades in 2020 and later. Uncertainty about future global trends, both in the near and longer term, has been greatly intensified by the economic recession resu…
Grain and soya trade: a bright outlook Read More »
A slump in methanol demand is forcing the US to push more methanol cargoes to Asia and Europe. Therefore, we expect freight rates for coated MR2 tankers to improve on these routes. The coronavirus (COVID-19) pandemic has hit the global economy harder t…
Dip in demand: US to push methanol cargoes towards Asia and Europe Read More »
Capesize A sober end to the week, with the market seemingly ready for the weekend. After a steady week of rate declines a small flurry of Atlantic business – combined with a little activity in the Pacific – managed to end the week up a tick. While a bo…
Dry Bulk Market: Capesize Market Not There Yet Read More »
The key factors that are worth considering when buying bunker fuel are quality, availability and price. Excluding quality, availability and the relative price paid generally tend to correlate with the lead time, which is the difference between the enqu…
Getting the bunkering lead time right is more important than ever Read More »
One thing that has confusingly held true up to now was that, against all the trends of many other commodities and market, iron ore kept on rising. It has been the black sheep of the markets, standing there, teeth gritted, weathering the storm that had …
Dry Bulk Market: The End of the Road for Iron Ore Read More »