The rapid recovery in earnings for multipurpose vessels is expected to slow from the second half the year as capacity constraints and supply chain disruptions in competing sectors ease, according to Drewry’s Multipurpose Shipping Annual Review & Fo…
Multipurpose earnings rally at risk from overordering in competing sectors Read More »
Lead times for low sulphur bunker stems are shorter in Singapore, Japan and South Korea this week, while supply has tightened slightly in Fujairah. Singapore’s total fuel oil stocks grew by another 2% last week, reaching a four-month high of 23.62 mill…
ENGINE: East of Suez Bunker Fuel Availability Outlook Read More »
The dry bulk market is enjoying its best annual start in a decade, thanks to a big rise in demand and supply chain disruptions. In its latest report, shipbroker Allied Shipbroking said that “with the first quarter of the year having come to a close, we…
Dry Bulk Market in Best Annual Start in a Decade Read More »
The retreat of COVID-related disruptions will restore market efficiency and freight rates to better reflect underlying supply and demand fundamentals London and Singapore, 12 April 2021. Dry bulk owners enjoying a welcome bounce in earnings and asset v…
Dry bulk owners break out the bubbles but can they avoid the hangover? Read More »
The container shipping market has never been so hot. Investors are piling in as carrier profits take off to new heights. How long can it last? The progression of quarterly carrier operating profits in 2020 was exponential with a near doubling in each p…
Container Market: Feeling hot, hot, hot Read More »