01/05
There is some general shipping news
- Ongoing issues with transit of Red Sea: Though impacted by the developments, shares in Israel-based liner company ZIM had a really strong bounce the past week (up about 35%)
- Dry bulk a more mixed bag - Capes stronger, other sizes - not so much
- Tankers: Will take this Gibson’s report with some data-points
https://www.gibsons.co.uk/report/a-year-ahead/
Main items (to me) - The start-up of the Dankote refinery: Potential impact on both the crude side (lower exports) and the refined side (excess CPP to Europe??)
- China
- Canada completes pipeline (could help West Coast crude exports)
Keeping an eye on the Products side