HSFO differentials fall into steeper discounts

HSFO differentials fall into steeper discounts
Spot differentials for Asia’s high sulphur fuel oil (HSFO) market slipped into steeper discounts on Tuesday, with several trades emerging for the 380-cst product at softer values. The fuel mostly traded at discounts of $6 a metric ton to cargo quotes, while the market...
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Global Trade: The pathway to economic prosperity

Global Trade: The pathway to economic prosperity
Warren Buffett recently affirmed a principle at the heart of global progress: “balanced trade is good for the world,” noting, “the more prosperous the rest of the world becomes, … the more prosperous we’ll become.” His words reflect more than economic logic. They...
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Will crude tanker stocks continue their upwards momentum?

The strong rally in crude tanker stocks this year has been driven by a surge in charter rates, underpinned by rising oil inventories due to increased OPEC+ supply. Tanker stocks have gained a significant momentum, particularly crude tanker companies with the Drewry...
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More capsizes added to the global orderbook

More Capesizes have been added to the global orderbook over the past week, according to shipbroker reports. In its latest one, shipbroker Banchero Costa said that “in the bulk sector, China’s Taizhou Kouan Shipbuilding secured an order for 2 x 210,000 DWT Newcastlemax...
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