The international trade of the seemingly endless supply of goods that enable globalization is entirely dependent on the physical transport of those goods. Despite ambitious ongoing climate goals by various organizations to push the industry towards Net…
Fuelling Global Trade – Observe Traffic and Trade Dynamic From Fuel Oil Export Data Read More »
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 »
Capesize The Capesize market is going through a rough period as trading pushed valuations into untenable sub-operating expense territory over the week. The Capesize 5TC dropped -$2,854 week on week to finish at $3,413. With rates so low and the outlook…
Bulk report – Week 34 Read More »
Russian-Ukranian conflict managed to shift the crude tanker trade patterns, however Chinese purchasing activity is and will remain a barometer for tanker recovery. Six months have passed since the invasion of Russia in Ukraine, which caught most of the…
Crude Tankers: Russian Invasion sets the tone but China’s behaviour has the last say Read More »
While spot rates for ‘dry standard’ FEUs are declining on the world’s key global trading corridors, the rates for equivalent reefers are bucking the trend on the North Europe to Far East route. According to the latest market intelligence from Xeneta, w…
Reefer rates defy global spot trends on North Europe to Far East trades Read More »