- Dry bulk contracting falls 70% below average amid low rates
- New wheat export tariffs could intensify 5% Russian export loss
- BDI still down 10% despite recovery in capesize demand
- Coal shipments to advanced economies heading for a 15-year low
- Container ship deliveries hit new record of 2.5 million TEU
Clean product tanker rates on US bound trade almost doubles after pipeline attack
The closure of the Colonial pipeline which runs from the US Gulf to the US East Coast, has caused a spike in oil product tanker rates on trades to and from the region.
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Posted:
12 May 2021
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