Global freight cycle may have reached lowest point

Global freight cycle may have reached lowest point
Global freight volumes show signs of having bottomed out in the first quarter, signalling the industrial cycle may be near its trough, which could provide some support to oil prices later in 2023. Global freight volumes fell 1.1% during the first three months of 2023...
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Bunkers slide on week amid unclear signals from crude

Bunkers slide on week amid unclear signals from crude
Marine fuel markets lost some ground in the week ended May 25 amid mixed dynamics in crude markets and a lack of clarity in marine fuel markets. The S&P Global Commodity Insights Bunkerworld 0.5% sulfur fuel oil index ended the week May 25 at $568/mt, down $1/mt...
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Giant tankers full of American propane are making waves

Giant tankers full of American propane are making waves
Not all shipping sectors and shipping stocks are under pressure. Container shipping is mired in pessimism, crude and product tankers have disappointed, dry bulk is in the doldrums — but liquefied petroleum gas (LPG) shipping is bucking the bearish trend....
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