Opinions
-
Second wave of COVID-19 cases could dampen oil price recovery30 July 2020Brent prices gained 6% MoM this month Brent prices rose higher in July as global oil demand picks up….
Read More... -
Chemical fleet slated to grow 2% in 202017 July 2020Drop in fuel costs supports margins of older tonnage Eastport Research and Strategy has revised upwards its chemical and chemical/product…
Read More... -
Rising Brazilian soybean imports could hurt China’s palm oil demand03 July 2020Chinese palm oil imports fell in 1Q amid COVID-19 outbreak China has ramped up its purchases of Brazilian soybeans in…
Read More... -
IMF revises grim forecasts down further26 June 2020Global GDP to shrink almost 5%, world trade down nearly 12% in 2020 The global economy and trade will…
Read More... -
25k DWT sector growing rapidly19 June 202025k DWT STST tanker order surge after 2016 rule change From January 2016, chemical tanker newbuildings sized 8,000 DWT and…
Read More... -
Falling Malaysian palm oil inventories could weigh on freights12 June 202012kt E.Msia/M.China freights move in tandem with Malaysia palm oil stocks Malaysia palm oil inventories dipped for the first time…
Read More... -
South Korean exports point to weakening regional petchem demand05 June 2020
South Korean exports drop 24% YoY in May South Korean exports fell 24% YoY in May. These shipments are among…
Read More... -
China’s UCO exports on a gradual recovery as COVID-19 restrictions ease29 May 2020
EU imports from China fell in January and February amid COVID-19 outbreak China’s demand for palm oil and other edible…
Read More... -
Oil prices rising amid improved market outlook22 May 2020
Chart shows third-month Brent contract minus front month Crude prices are rising in May amid OPEC production cuts and voluntary…
Read More...