- Airline capacity 37% lower than 2019, curbing demand for jet fuel
- India’s coal import decision to reverse 10% YTD drop and add tonne miles
- March retail volumes at 0.0% m/m as EU retail trade stagnates
- Russia-China dirty tanker trade soars 94% y/y after Ukraine invasion
- China’s appetite for bauxite hits new record as Q1 imports jump 15.4% y/y