VLSFO softens further, hi-5 spread narrows

Asia’s very low sulphur fuel oil (VLSFO) market continued to weaken on Friday, while the hi-5 spread narrowed from the previous week. Singapore cash premium for VLSFO traded lower at $1 a metric ton for mid-August loading dates, while spot offers for dates into...
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Greek Shipping Remains the Global Leader with 5,700 Vessels

The Union of Greek Shipowners published today its 2024-2025 Annual Report, which presents detailed statistics and insights into the main features of the Greek fleet and its vital role for the global, European and national economy and society. Greek shipping remains...
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