USG Supramax rates pushed up across all routes
The USG Supramax freight market sentiment remained positive in June. Increased demand for grains and petcoke cargoes was observed, helping shipowners to insist on considerable r...
Petcoke
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Middle East war and tariff to drive oil and coal prices up – petcoke stable
It has been another month dominated by geopolitics, most prominently the conflict between Israel and Iran. The bombing and missile exchanges led to a jump in oil prices before i...
Energy complex surges as Israel/USA attack Iran
The attacks from Israel and the USA on Iran’s nuclear facilities in June and the subsequent exchange of hostilities sent the energy complex sharply higher. Oil surged 10 per cen...
Energy markets recover on pause in tariff battles; petcoke lower on weak demand and increased supply
Geopolitics and trade tariffs dominated the news during May and June. The suspension of the USA-China tariff battle should provide relief for at least a few months, raising the ...
USG Supramax market enjoying a positive moment
The USG Supramax freight market switched to a positive mode amid more cargoes around (mainly grain cargo enquiries), especially on fronthaul routes. During the month, high activ...
Petcoke discount edge up but remain in neutral
Temporary talks between the USA and China stabilised the energy complex with oil ranging just above US$60. Coal and petcoke were slightly higher based on new demand from China. ...
USG Supramax freight market situation clearer, but rates remain under pressure
The USG Supramax freight market grappled with uncertainty during the first half of the month in the midst of tariff disputes between the US, China and others. The announced fees...
Tariff turmoil raises demand uncertainty, energy commodities continue trending downwards
The global markets went into turmoil after the US administration declared the new custom tariffs and their size. Presently, the impact on stock markets and the potential influen...
Petcoke continues to fall as market looks for new buyers
The price of coal stabilised just above the US$90 mark while oil fell to below US$70 as OPEC+ increased production. However, US President Trump’s announcement of tariffs sent de...
USG Supramax freight market under pressure of major uncertainties
In the USG Supramax freight market, uncertainty was the common denominator throughout the whole month. Fixing activity was limited as many players were reluctant to fix until fu...