In recent years the shipping industry has faced a significant number of bunker quality claims, most notably arising out of the so-called “Houston problem”, where there were numerous complaints that contaminated fuel had caused engine proble…
Bunker quality claims in 2020 – issues to consider Read More »
Capesize The New Year started with an erosion on pre-Christmas rates as the higher low sulphur fuel costs due to IMO 2020 affected levels. From Brazil the route is now assessed at close to $18.50, whilst from West Australia, several vessels were fixed …
Dry Bulk Market: Capesize Market Starts on the Wrong Foot Read More »
From 1 January 2020, the maximum sulphur content of marine fuels is reduced to 0.5% (down from 3.5%) globally – reducing air pollution and protecting health and the environment. Sulphur Oxide (SOx) emissions from ships’ combustion engines cause a…
Cleaner Air in 2020: 0.5% sulphur cap for ships enters into force worldwide Read More »
Very-Low Sulphur Fuel Oil (VLSFO) prices have risen to USD 710 per metric tonne in Singapore on 2 January 2020, a price increase of 30%, when compared to 2 December 2019. The newly implemented IMO2020 Sulphur Cap marks a milestone for the industry and …
Low sulphur fuel rices rise USD 165 per MT through December in Singapore Read More »
The trade dispute dampened grain and soybean trade between the US and China in 2019 and China’s total imports of grain and soybean from the US in the year were down 18.5 million tonnes over 2017. However, it seems that trade negotiations between the US…
Sunny side up for grain and soybean trade in 2020 Read More »