Container xChange, world’s leading neutral online platform for container logistics, has published data on inbound and outbound containers at the US West Coast ports – ports of Los Angeles and Long Beach as demand surges and retailers pile up stoc…
Containers pile up at U.S West Coast Ports as congestion worsens Read More »
Newbuild spend for Vehicle Carriers (LCTCs / PCTCs / PCCs) smashed past $3.2 billion last week, following big volume orders from Eastern Pacific and Zodiac. An astonishing amount of money for a niche sector, exceeding the previous 6 years total combine…
Car Carrier Asset Prices Move Into The Fast Lane Read More »
Lead times are steady in Singapore and Fujairah, while HSFO and VLSFO supplies have tightened across South Korea this week. Lead times remain steady for bunker fuel oils in Singapore, with 7-8 days recommended for VLSFO and HSFO380 supply. LSMGO contin…
ENGINE: East of Suez Bunker Fuel Availability Outlook Read More »
More than 600 dry bulk carriers, mostly of the mid and lower classes, like Supramaxes and Handies have changed hands since the start of the years, as the dry bulk market has maintained its upwards momentum, edging closer the 2008 record year. In its la…
Dry Bulk Market’s Rally Generates Demand for Supramaxes and Handysize Bulkers Read More »
The product tanker shipping market has been volatile since April 2020 with rising Covid cases in several countries. Average product tanker earnings jumped by 97% MoM in April 2020 with average MR TCE rates surpassing USD 60,000pd and average LR2 spot T…
Products tanker equities – The road ahead Read More »