HSFO handy cross-Med freight surges to five-month high on Black Sea fixtures
Cross-Mediterranean dirty handysize freight, the most widely used vessel class to carry fuel oil and feedstocks in the European basin, has surged to a five-month high on an increase in fixtures out of the Black Sea.
Dry bulk shipping: Strong demand improves market as it exceeds high fleet growth
A critical work of balance has been going on in the dry bulk market for quite some time. In its latest short-term outlook of the dry bulk market, issued yesterday, BIMCO said that should demolition fall short by 5m DWT, fleet growth will jump to 3.4%.
Home / Shipping News / Hellenic Shipping News / High Tanker Fleet Growth Hinders Market’s Recovery Says Tanker Owner H
The tanker market has kept on showing little signs of a recovery over the past couple of months.
South African May thermal coal exports reach 2017 high
South African exports of thermal coal reached highs for 2017 at 7.03 million mt in May, posting increases both ...
First Suezmax for July fixed on Europe-Asia high sulfur fuel oil arbitrage route
A first Suezmax vessel for July has been booked to take HSFO from Europe to Asia, and a second fixture is...
Nigeria’s Crude Oil Exports to Surpass One-Year High in August
Nigeria’s crude oil exports are set to surpass two million barrels per day (bpd) in August, the highest in...
Blurry demand outlook drags China steel off three-week high
Chinese steel futures slipped on Tuesday after a four-day rise, reflecting concerns over slower demand in the...