Introduction 2021 to date has been one of the best years in recent memory for sale and purchase, with a rise in asset values experienced across most sectors. A combination of pent up demand following the easing of global Covid-19 restrictions and low a…
Half year review: S&P and Values Read More »
July was marked by yet another series of disruptions, many of them natural disasters – including fires in Canada, flooding in Europe, a typhoon in China, and virus outbreaks in Vietnam and elsewhere – that put additional pressure on an industry already…
FBX Index July: Rates Jump on Market Disruption Read More »
HSFO380 supply has improved in Houston while its price maintains regional premiums, and truck driver strikes have limited outbound cargo in Argentina’s Bahia Blanca and Necochea this week. US fuel oil inventories were drawn last week, and averaged 7% l…
ENGINE: Americas Bunker Fuel Availability Outlook Read More »
The newbuilding market has been moving in full swing over the past few weeks and the previous days were no exception to the rule. In its latest weekly report, shipbroker Banchero Costa said that “despite the summer and a strong first half of the year, …
Newbuilding Activity Going From Strength to Strength Read More »
US manufacturing of durable goods, which has been lagging the wider recovery of the US economy, hit an all-time high in June when USD 270.5 billion worth of goods was produced. This brings total manufacturing of durable goods so far this year to 1,482 …