- Airline capacity 37% lower than 2019, curbing demand for jet fuel
- India’s coal import decision to reverse 10% YTD drop and add tonne miles
- March retail volumes at 0.0% m/m as EU retail trade stagnates
- Russia-China dirty tanker trade soars 94% y/y after Ukraine invasion
- China’s appetite for bauxite hits new record as Q1 imports jump 15.4% y/y
Singapore’s September bunker sales fall to 15-month low
Bunker sales in the world’s largest bunkering hub fell to 3.94 million tonnes in September, the lowest level since June 2020 and a 6.7% drop from September 2020.
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Posted:
20 October 2021
BIMCO's Shipping number of the week
Latest market analysis
- Russia exports slow as war in Ukraine heads into 5th week
- War in Ukraine will hurt growth in all shipping segments
- US trade balance with China improving on higher exports
- Strong domestic demand sees US oil product imports growing
- Tanker shipping - profitability still a way off for loss-making tankers as pandemic drags on
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