
Asia Fuel Oil-Arbitrage spreads hammered as barge spreads soar
The front-month East-West (EW) arbitrage spread sank to a near two-week low on Friday making fresh arbitrage...
Baltic index up as capesize rates soar
The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Thursday as rates for capesize vessels surged higher, backed by stronger rates for other vessel segments.
Shipping traffic increases 300% in just 20 years as pollution levels soar
Maritime traffic on the world’s oceans has increased four-fold over the past two decades with the likely...