China’s refinery output up 3.3% y/y as exports grow 74%
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Airline capacity 37% lower than 2019, curbing demand for jet fuel
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Tankers end 2022 with 78% time charter contribution margin and best 2023 outlook
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Fresh stimulus could boost Chinese iron ore imports, down 3.3% YTD
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Scrubber-fitted ships nearly double as fuel spread settles at USD 118 per MT
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Chinese iron ore imports fall to 14-month low in July
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Chinese coal stocks reach record high as seaborne imports surge 73%
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Production cuts bite as Saudi Arabian crude oil exports fall 12% m/m
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Chinese coal imports from Australia drop 98.6% as restrictions bite
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Indonesian coal exports surge 32% on strong Asia demand
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