The US styrene-benzene spread narrowed as it remained below $200/mt, assessed at $161.07/mt Tuesday, down $19.52 on the week, according to Platts data. The spread has been below $200/mt for the majority of November, assessed above $200/mt ...
Supramax shipowners are bracing for a tough finale to a disappointing year as limping grain and petcoke trade in the Atlantic fails to support the monstrous weight of available tonnage. That has been keeping freight rates low, while hopes ...
Tags: Supramax shipowners, grain, petcoke
Coal stocks at 17 major Indian ports totaled 11.52 million mt as of November 20, down 4.1% week on week, according to data released Friday by Indian ship broker Interocean. The stockpiles included 9.51 million mt of thermal coal, down ...
Tags: Coal, Anthracite, coking coal
The Trans-Atlantic gasoline arbitrage reopened Tuesday on the heels of stronger prices in both the Northwest Europe and US East Coast markets. Platts assessed the Eurobob barge at $469.25/mt, or $1.3412/gal, while RBOB cargoes delivered ...
Tags: gasoline, Mediterranean gasoline
The December/January US Gulf Coast 3% sulfur fuel oil swap spread moved to a wider contango on Friday, while market sources searched for a fundamental reason to explain the movement. Platts assessed the December/January 3%S spread at a ...
Tags: sulfur fuel oil, USGC fuel oil
Canada's Alberta province Sunday announced a new "climate leadership" plan that includes a cap on greenhouse gas emissions by oil sands producers as it moves to overhaul its image and kick start export opportunities. The cap on emissions ...
Tags: greenhouse gas, oil sands, oil
With colder temperatures finally hitting much of the northern US last week, many in the oil market will have their eyes on US distillate stocks when the US Energy Information Administration releases its weekly inventory data Wednesday. ...
Audi and the city of Somerville are planning joint innovations for the city of the future on the east coast of the USA. Audi CEO Rupert Stadler and Mayor Joseph A. Curtatone signed a Memorandum of Understanding in the context of the Smart ...
Tags: Audi, networking cars, Automated Parking
SunOpta ,a leading global company focused on organic, non-genetically modified and specialty foods, celebrates the grand opening of its newly expanded dual purpose consumer products facility in Allentown, Penn. The company recently ...
Tags: SunOpta, organic foods, non-genetically modified foods
Moderate economic growth in 2015 has become the “new norm” for the stabilizing Chinese economy. With the Chinese government introducing industry restructures, explosive economic growth has become history. Gone are the good days ...
Air freight volumes were up slightly in September according to the IATA, with freight tonne kilometres (FTK) 1.0% higher compared to a year ago. This was a small improvement on August, when volumes were broadly stable year to year, however, ...
Tags: Air Freight, world trade
LIGHTFAIR® International (LFI®), the world’s largest annual architectural and commercial lighting trade show and conference, returns to Philadelphia’s Pennsylvania Convention Center in 2017 for its 28th-annual staging ...
Tags: LEDs, OLEDs, luminaires
Santa Monica Pier hosts one of LA''s favorite summer concert series, the Twilight Concert Series, as well as a host of other events. This year, the Pier boasts a new stage with unique overhead structure; a remarkable work of art illuminated ...
ABB, the world leading manufacturer of dual-outlet DC fast charging stations for electric vehicles, has announced an easily integrated credit card payment option that can be added to new or existing Terra 53 DC fast charging stations. With ...
Tags: DC Fast Charger, ABB
US benzene and toluene markets rose to two-month highs Tuesday to $2.35/gal ($703/mt) FOB US Gulf Coast and $2.25/gal ($684/mt) FOB USG, respectively. Sources attributed gains in both markets to stronger energy as NYMEX December crude ...