The shipping markets have been pulled further into wild markets of coal and other energy sources. Given how nebulous this sector is, it’s always difficult to point to individual stories that are impacting freight, the below is an overview of how shippi…
The Big Picture: Energy Markets Read More »
The dirty tanker market remained soft in September amid a continued imbalance between tonnage supply and demand, keeping rates at low or even loss-making levels, OPEC said in its latest weekly report. However, there has been a definite pickup in sentim…
Tanker Market Remained Soft in September Read More »
Imported consumer goods should arrive in the country at least six weeks earlier than normal to make it onto shelves in time for Black Friday, according to JOC by IHS Markit. Due to the continuing delays at US ports consumer goods from Asia will need to…
Risk is the “big handbrake” on the adoption of new technology in shipping, according to Watson Farley & Williams’ partner Mike Phillips. Speaking at a WFW seminar, Phillips said that shipowners, operators and traders exist in a world of risk and th…
Risk is shipping’s innovation handbrake Read More »
Singapore’s bunker market has tightened significantly this week, after workers tested positive for Covid-19 at Universal Terminal which has delayed barge loading schedules. The terminal is currently short staffed, with the number of barges queued up in…
ENGINE: Global Fuel Availability Outlook Read More »