Markets June 2020

[Return to SPI MARINE NEWS]---- "Markets June 2020." Latest Market Update Asia: "... The market in the past month has been rather volatile and fast-changing. Crude oil increased from around $30/bbl in around mid-May to over $40/bbl in mid-June amid confidence of demand as various countries began to ease protection measures against COVID-19 while supply

By |June 29th, 2020|Categories: News|

Markets May 2020

[Return to SPI MARINE NEWS]---- "Markets May 2020."   Latest Market Update USA: "... What a difference a month can make. On 23 April SPI’s Triangulation Trading (TC 2 + TC 14) Benchmark reached a plateau of $101,398 TCE per day. By 22 May it had dropped to $16,480 TCE per day.

By |June 1st, 2020|Categories: News|

Markets April 2020

[Return to SPI MARINE NEWS]---- "Markets April 2020." Latest Market Update EUROPE: "... The shipping markets: today while the dry cargo and container trades sees the very dark clouds in front, the larger tanker players in this scene are all smiles despite the cruel death toll this virus is leaving behind. How to explain

By |April 30th, 2020|Categories: News|
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