Hi-5 fuel spread narrows by more than 10% on the week

Hi-5 fuel spread narrows by more than 10% on the week
Asia’s prompt hi-5 fuel oil spread narrowed by more than 10% week-on-week, after the high sulphur fuel oil (HSFO) market found some uplift in recent sessions, while very low-sulphur fuel oil (VLSFO) was broadly stable. The January hi-5, which reflects VLSFO’s premium...
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Baltic index falls to over one-month low

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, fell to an over one-month low on Friday, as vessel rates weakened across the board. The main index, which factors in rates for capesize, panamax and...
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