VLSFO prices in Singapore are down even further to around $750/mt and also back in line with prices elsewhere, such as in Rotterdam. But when you look for a steer on the price outlook, the picture becomes pretty murky. This is one of those occasions wh…
It is worth looking beyond the bunker market for price direction Read More »
The consequences of port congestion, pandemic restrictions and part shortages over the past 18 months have highlighted just how sensitive supply chains are to disruption. White says: “Such volatility is most likely the new norm. The role of data in mak…
How data is the key to solving the supply chain woes Read More »
Jet fuel is being imported in larger quantities in Europe, which could help the product tanker market in the next few months. In its latest weekly report, shipbroker Gibson said that “this summer travel season has been marked by widespread flight cance…
Jet Fuel Comes into Contention for the Product Tanker Market Read More »
The tanker market recovered strongly during July, OPEC said in its latest monthly report. Dirty tanker spot freight rates in July fully recovered from the decline seen earlier in May, as trade dislocations boosted tanker tonnage demand. VLCC rates on t…
Tanker Market Entered in a Growth Cycle in July Read More »
The dry bulk market could be heading for a revival moving forwards. In its latest weekly report, shipbroker Allied Shipbroking said that “one month into the 2nd half of the year, and we still see an ongoing debate as to the state of the global economy …
Dry Bulk: Freight Rate Market Could Be Heading for a Rebound in the Coming Weeks Read More »