by inetproductions | Feb 25, 2021 | News
Thu, 18 Feb 2021 22:00:57 +0000 Snowstorms and power outages have disrupted barge loadings and pushed up prices for prompt bunker deliveries in Houston and other US Gulf Coast ports. Blackouts in Houston and Galveston have disrupted bunkering in the area. Barges have...
by inetproductions | Feb 25, 2021 | News
Wed, 24 Feb 2021 22:00:59 +0000 The ship recycling market was halted over the past week, as holidays in the Far East meant a lull in sales. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “with the holidays in the Far East continuing into this...
by inetproductions | Feb 25, 2021 | News
Wed, 24 Feb 2021 22:00:58 +0000 After an unusually strong start to the year, seasonality has caught up with the dry bulk market. Coupled with a slow recovery in global economic activity, it looks set to be another challenging year. Demand drivers and freight rates The...
by inetproductions | Feb 25, 2021 | News
Wed, 24 Feb 2021 22:00:57 +0000 HSFO supplies are tightening in several Mediterranean and South African ports this week, while rough weather has disrupted bunkering in the Gibraltar Strait again. ARA’s independent fuel oil stocks were slightly lower last week, but are...
by inetproductions | Feb 25, 2021 | News
Tue, 23 Feb 2021 22:00:59 +0000 A bullish sentiment is prevalent in the dry bulk market, leading to an increased demand for second hand tonnage. In its latest weekly report, shipbroker Allied Shipbroking said that “on the dry bulk side, the market seems to be...
by inetproductions | Feb 25, 2021 | News
Tue, 23 Feb 2021 22:00:58 +0000 Global container shipping companies’ performance will be strong in 2021 after a profitable 2020, Fitch Ratings says. Spot freight rates will remain high in the short term, which will flow through to contracted rates for 2021....
