August, 2020
Date Headline Image
Virus worries continue to to offset positive economic recovery news.
More Weekly Gains For Crude Despite Persistent Fears Over Covid
Even the IEA admits there could be stock draws for the rest of the year.
Oil Down On Gloomy IEA Demand Outlook, But Economic Recovery Continues Anyway
The company has cancelled all departures up to December 15.
Cruise Line Holland America Extends Operations Pause to December
But OPEC warns of continued uncertainty ahead.
More Promising Economic Data Sways Crude Traders, Causes Price Uptick
A range of interpretations of the report have been taken, but all agree on the need for further action.
FEATURE: Mixed Reactions to IMO's Latest GHG Study
VPS's new white paper on the subject is based on more than 10,000 bunker deliveries around the world in 2019.
VPS Sees Bunker Quantity Disputes Costing Up to $100,000/Year Per Ship
The inactive total dropped to 264 ships representing 1.2 million million TEU as of July 20.
Inactive Boxship Fleet Drops to 5.1% of Total Capacity
Data suggests air travel recovery and continued inventory draws.
Crude Traders Downplay Economic, Vaccine News, Cause 1% Dip In Oil Prices