Existing market fundamentals appear to be supportive of the dry bulk market’s further momentum, in what appears to be rather positive news for ship owners. In its latest weekly report, shipbroker Intermodal said that “despite the current challenges as …
Dry Bulk: Fundamentals Support Market’s Further Momentum Read More »
HSFO sales are up 47.2% from Q1 2020, reaching 3.1m tonnes. This is however still less than a third of high-sulphur fuel sales in Q1 2019, before the IMO 2020 Sulphur Cap came into force. The 1 million tonne increase in HSFO sales exceeded the fall in …
HIGH-SULPHUR FUEL OIL SALES REBOUND AFTER PRE-IMO 2020 Read More »
On March 23, 2021, the 20,124 TEU container ship Ever Given, one of the largest of the world, ran aground in the southern section of the Suez Canal. On March 29, it was re-floated. During the 6-day blockage, more than 350 ships were waiting and some ot…
Bunker fuel oils are generally available in the US Gulf Coast region amid rising stock levels. Some bunker locations on the Gulf Coast like Corpus Christi have more limited bunker availability for certain dates. US Gulf Coast residual fuel oil inventor…
ENGINE: Americas Bunker Fuel Availability Outlook Read More »
Ship owners are contracting more bulkers in the newbuilding market. In its latest weekly report, shipbroker Allied Shipbroking said that it was “another week with few dry bulk transactions coming to light in the newbuilding market, but with some very i…
Ship Owners Are Snapping up Bulkers in the Newbuilding Market Read More »