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Markets March 2020
[Return to SPI MARINE NEWS]---- "Markets March 2020." Latest Market Update ASIA - … “The impact on the NE Asia market is most noticeable. Although China seems to have gotten a grip on the virus as the country tries to steadily get back to normal day-to-day life, demand for chemicals is still
Markets February 2020
[Return to SPI MARINE NEWS]---- "Markets February 2020." The market in 2020 started well in many regions outside of Asia, with rates firming across the board, namely on the back of the bunker switch. However, in comparison, Asia failed to gather much momentum and slipped into a lower gear. Fingers
Coronavirus Update – “cause and infect”
Return to SPI MARINE NEWS "Coronavirus Update." The number of Coronavirus cases doubles every five days. In comparison to the SARS (Severe Acute Respiratory Syndrome) epidemic of 2003 which affected 8,100 during its eight-month outbreak; the number of reported Coronavirus cases as of 5 February has hit over 24,500, up
“Tariff Retaliation – If you rise, we’ll rise.”
Return to SPI MARINE NEWS "Tariff Retaliation - If you rise, we'll rise." The latest round of tariffs between the US and China has hit a number of different sectors, and the petrochemical industry has not escaped unscathed. They came earlier this month when the Trump administration raised tariffs
“Every Sulphur Cloud has a Silver Lining” – Market Commentary
Return to SPI MARINE NEWS "Every Sulphur Cloud has a Silver Lining." Of late there has been talk of a return to slow steaming, last seen when bunker prices were last at their highest (around 2013-1H 2014). For the Shipowning/Operating community this seems to tackle a number of issues; absorbing
Halloween Brexit Deadline Impact
Return to SPI MARINE NEWS "Halloween Brexit Deadline Impact." The 31 March was enshrined in law as the date when Britain would depart from the EU. But after a month of back and forth to Strasberg by UK Prime Minister Theresa May to get reassurances on her withdrawal agreement; numerous
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