176 posts · Page 10 of 18
By Frank O. Brannvoll, Brannvoll ApS, Denmark The markets are still caught in the fear that higher interest rates to fight inflation could start a recession and see demand fall....
Oil prices are stabilising after a new drop despite OPEC+ production cuts. At its next meeting, scheduled for 4 June 2023, OPEC+ may consider new interventions if oil stays belo...
By Brannvoll ApS, Denmark The first half of the month looked inspiring for shipowners. The USG Supramax spot freight market improved with rates showing considerable spikes. Dema...
By Frank O. Brannvoll, Brannvoll ApS, Denmark IMF downgraded global growth to 2.8 per cent and warned of a “rocky recovery” due to inflation and falling demand. The US Federal R...
By Frank O. Brannvoll, Brannvoll ApS, Denmark Oil prices support the full energy complex and OPEC+ announced new production cuts totalling 1.6mb/d. Oil prices have risen from US...
By Frank O. Brannvoll, Brannvoll ApS, Denmark The story of inflation and central bank rate hikes continues. Inflation figures from the US were at five per cent in March, awaitin...
By Brannvoll ApS, Denmark The USG Supramax freight market was taking a breather as charterers stepped away after the push in rates observed last month. Rates were slipping due t...
The price of a barrel of oil has returned to the lower end of the US$80-88 range. Gas prices were also down on the back of warm weather forecasts and the Turkey-Syria earthquake...
By Frank O. Brannvoll, Brannvoll ApS, Denmark The markets are still dominated by hawkish statements from central banks due to the stubbornly high inflation both in the USA and E...
By Brannvoll ApS, Denmark The USG Supramax freight market was in free-fall throughout January amid a severe lack of new cargo offers for spot delivery dates. Despite the gradual...