Spot market steady; more April tenders underway

Asia’s spot fuel oil market was little changed on Thursday, while more tenders for April were in progress, trade sources said. Kuwait’s KPC sought 80,000 tonnes of high sulphur fuel oil (HSFO) for delivery between April 10 and 11, while Taiwan’s CPC offered 22,000...
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Baltic index inches lower on weak supramax demand

The Baltic Exchange’s dry bulk sea freight index dipped on Thursday as declines in the supramax vessel rates outweighed gains in capesize and panamax segments. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels carrying dry...
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