The raging of the pandemic in India and the Southeast of Asia in general is beginning to take its toll in the demolition market as well. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “the Pandemic continues to plague the Indi…
Pandemic Waves Having an Adverse Effect on the Demolition Market Read More »
VLSFO and LSMGO remain in good supply in ARA and Gibraltar Strait ports, while HSFO380 has tightened slightly in ARA this week. Lead times for HSFO380 are around a day longer in ARA than last week, with 4-5 days ahead recommended for bookings now. The …
ENGINE: Europe & Africa Bunker Fuel Availability Outlook Read More »
Positive outlook for 2021 and stronger revival already in Q4 of 2020 for East Asia & Europe, uncertainty still high. Main Observations • The incorporation of the most recent historical data for the third and fourth quarter of 2020 has significantly…
New global trade forecast by IHS Markit GTA Forecasting Read More »
Demand has picked up in the newbuildiing market, with an increased number of orders being report over the past week. In its latest weekly report, shipbroker Allied Shipbroking said that “it was a week with some very interesting fresh deals in the newbu…
Newbuilding Market Picks Up its Pace Read More »
North American import of containerised goods from the Far East soared to a noteworthy high of 1.62m TEU during February 2021, a 100% increase from the low point of the same month last year. Fuelled by US stimulus, volumes moving on the trans-pacific tr…
North America’s February container imports jump 100% from Far East Read More »