March 2022

Prices are high, daily volatility is high and European bunker prices are above Singapore

Just four weeks ago we wrote about Singapore VLSFO prices being at an all-time high of $765/mt. Since then, Singapore prices have hit $1,027/mt and Rotterdam prices have been even higher at $1,109/mt. The reasons are obvious and bunker prices clearly continue to move around developments and expectations surrounding the war in Ukraine. We can …

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Zero COVID lockdowns in China spur supply chain chaos as shippers prepare for produce shipping season

As the global supply chain prepared to recover from the collateral damage caused by COVID in 2022, China lockdowns hit the industry back at a time when the companies prepared to kick off the produce shipping season (April-July). Disruptions, one after the other, are taking the capacity away from the market. As a result of …

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The IMO and WMO – Providing weather information to support safe navigation

“ What maximum winds are expected in the storm area?” That is one of Standard Marine Communication Phrases under the International Maritime Organization (IMO) that officers in charge of navigation on ships, whatever their nationality, must be able to use and understand in English. The world’s 60 000 ocean going cargo ships are operated by …

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