Lead times for low sulphur fuels have gone up in Fujairah on the week, with most suppliers being able to offer for the grade from 26 August onwards. HSFO380 is still tight in Fujairah as well, with lead times stretching to 8 days after a supplier exite…
In stark contrast to the dry bulk and container segments which have been rallying for much of 2021, the tanker market is more than lackluster. In a recent note, shipbroker Allied Shipbroking said that “the tanker market has been off balance for quite s…
Tanker Market in the Doldrums As Owners Lose Liquidity By the Day Read More »
Communities around the world are reeling in the wake of a global pandemic right now – and seafarers are right at the eye of the squall. Even at the best of times, shipping crews are more vulnerable to fatigue than most, with demanding workloads and lac…
Why AI is a first responder for overloaded crews in shipping’s toughest era yet Read More »
Global merchandise trade is continuing its robust recovery from the shock of the COVID-19 pandemic according to the WTO’s Goods Trade Barometer, which hit a record high in its latest reading issued on 18 August. The Goods Trade Barometer is a composite…
Goods Barometer hits record high, confirming strength of trade recovery Read More »
Activity is starting to ramp up in the ship recycling market of late. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “it is not just the typical rainy British summer being experienced at present, but a large glut of wet units …
Prices Could Move More Vintage Tonnage Towards Demolition Read More »