Twenty-one months ago seems an eternity given the challenges the world now faces, yet I clearly recall sitting on the trading floor and hearing excited chatter that enquiries were being received for VLSFO. I have to say I gave a little sigh of relief t…
VLSFO then, now and next Read More »
Bunker fuels are in good supply in Houston and several other US bunker ports, while fuel oil inventories have been drawn. A near doubling of supply and slumping imports have drawn fuel oil volumes from US inventories. US fuel oil inventories fell by 1….
ENGINE: Americas Bunker Fuel Availability Outlook Read More »
The boosting of financial incentives by scrapyards over the past few weeks seems to have worked, as more and more tonnage becomes available for scrapping. In its latest weekly report, shipbroker Clarkson Platou Hellas that “after having seen some barre…
Ship Owners Reap Major Fees in the Demolition Market Read More »
In March, orders for 45 Ultra-large containerships (ULCS, 15,000+ TEU) were placed, breaking a record on its own. Adding to this; 27 orders for ‘smaller’ sized ships were placed in the same month, bringing the total order capacity to 866,060 TEU and ma…
March marks turnaround for container sector with record high 45 ULCS ship orders Read More »
Low sulphur fuels continue to be readily available in major bunker locations across Europe and Africa, while HSFO380 availability has tightened further in the Canary Islands this week. VLSFO and LSMGO stems can be procured at short notice in ARA and ot…
ENGINE: Europe & Africa Bunker Fuel Availability Outlook Read More »