GO E/W and HOGO move to resupply Europe, no reason to believe that this will end in the short term
    GO E/W and HOGO move to resupply Europe, no reason to believe that this will end in the short term
    News

    GO E/W and HOGO move to resupply Europe, no reason to believe that this will end in the short term

    24 January 2024

    In our latest distillate market commentary:
    > ​AG/WCI arbs point firmly West, even with the voyage necessary around the Cape 
    > ​February's GO E/W widens this week from -$26.5 to -$39.5 /mt 
    > Coalition forces bomb Yemen for the 2nd time adding to the ongoing Red Sea issues/risks 
    > Despite TC14 rates increasing, the HOGO to narrow further to open the Transatlantic diesel arb 
    Read Full Commentary
    Powered by