The latest EIA report forecasts that consumption of petroleum and liquid fuels globally will average 92.5m bpd in 2020, down 8.3m bpd from 2019, before increasing by 7.2m bpd in 2021.

Is the cape sector embarking on a summer spree? Alibra Shipping featured in Splash

The start of something sweet, or will it all turn sour as per... Cape prospects with thoughts from JM Radziwill, Alibra Shipping, @BIMCO_PS, Braemar ACM, Lorentzen & Stemoco and Fearnleys splash247.com/cape-resurgenc…

The #capesize period market has experienced upwards momentum this week, the average rate for a capesize for 1yr is estimated as $12,000/pdpr. See more rates here: alibrashipping.com/timecharter-ra…

The latest IEA report raises forecasts for 2020 oil demand by nearly 500 kb/d to 91.7 mb/d, due to stronger than expected deliveries during the Covid-19 lockdown iea.org/reports/oil-ma…

Baltic capesize index continues to strengthen, up 12.5% from yesterday.

#Capesize market surges ahead: Alibra Shipping in the latest Weekly Broker report from Splash

#Capesize market has surged ahead this week both in the spot and period markets boosted by iron ore demand from China. See Alibra’s latest #Timecharter estimates here: alibrashipping.com/timecharter-ra…

Despite yesterday's slight dip, BCI is back up again today by 185 points #capesize #bulkcarriers

Capesize prosperity may be short-lived. Our analyst in TradeWinds today tradewindsnews.com/bulkers/capesi…

Capesize period rates at the highest levels seen this year and up 17% month-on-month. Alibra quoted in TradeWinds tradewindsnews.com/bulkers/rare-c…

"With output levels lower, this has reduced the need for storage on land and combined with a reduction in price contangos, there is less of an incentive to store crude at sea." Alibra quoted in Reuters today. uk.reuters.com/article/us-glo…

Oil barrels come off the water as storage boom at sea fades reut.rs/2BpRqY0

Dry bulk #timecharter rates remain firm this week with #capesize rates moving upwards to an average of $20,000/pdpr for 6months. Fixtures reported this week focus on short to medium term. alibrashipping.com/timecharter-ra…

Asian coal demand fills the gap left by Japan and Europe- Alibra in Splash

With the summer lull already in full swing there has been very little enquiry for the crude period market this week. Clean TC requirement remained thin, just a few short term MR fixtures reported, around 8-12 months. For more Wet/Dry TC rates see: alibrashipping.com/timecharter-ra…

Capesize spot rates sail in to correction territory. Alibra in TradeWinds tradewindsnews.com/bulkers/capesi…

The #capesize market has entered into a period of self-correction following the bullish sentiment of the past few weeks, rates have moved slightly lower. The estimated rate for a cape for 6mths is currently $20,500/pdpr. For more wet&dry TC estimates see: alibrashipping.com/timecharter-ra…

The crude market has been quiet overall with the summer season underway, some activity has been reported in the Aframax sector mainly focused on short-term. The clean market has been quiet with few period fixtures reported this week.For more TC rates see: alibrashipping.com/timecharter-ra…