HSFO cracks get boost, though market eyes mixed drivers

HSFO cracks get boost, though market eyes mixed drivers
Refining cracks for high sulphur fuel oil (HSFO) firmed in Asia on Wednesday, though trade sources eyed mixed drivers that have swung prices in volatile movements over recent sessions. The cracks surged late-Tuesday after U.S. President Donald Trump reimposed a...
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Hapag-Lloyd says it can cope with U.S.-China tariffs

Container shipping liner Hapag-Lloyd will be able to cope with the advent of U.S. tariffs on Chinese products, its chief executive told reporters on Tuesday. “It is too early to push the panic button,” CEO Rolf Habben Jansen said in the remarks published on Wednesday,...
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Baltic Index Rises As Panamax, Supramax Segments Log Gains

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, rose for the fourth consecutive session on Wednesday, buoyed by rising rates across panamax and supramax vessel segments. The index, which...
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LNG shipping rates plunge on increasing vessel availability

Shipping costs for liquefied natural gas (LNG) cargoes have tumbled to five-year lows as newly built carriers added to the global fleet outpace shipping demand and shorter average journey times have increased vessel availability. Atlantic freight rates assessed for...
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