Although the preference for Australian over US coal continues, US high vol B is still holding its own in the market. Some buyers are now looking to the next benchmark with expectations of a fall from the current $89/mt FOB Australia. One ...
Tags: coal, high vol B coal
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
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
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. ...
The U.S. Food and Drug Administration said in a consumer update that a brand of genetically engineered (GE) salmon is indeed safe for sale and for consumption by humans. After an “exhaustive and rigorous scientific” review, ...
After conducting a comprehensive review, the US Food and Drug Administration (FDA) has approved genetically engineered (GE) animal AquAdvantage Salmon for human consumption. The agency is also releasing two guidelines for food ...
Energesco Solutions, a leading provider of energy and water conservation measures to the commercial and multifamily real estate industry in the Mid-Atlantic region, announces its award of exclusive contracts by utility companies Pepco and ...
Tasmanian salmon producer Tassal is one of Australia’s most innovative companies. The proof is in its latest product launches. Tassal has launched a innovative range of snacks that combines salmon with other foods. At the same ...
Despite expectations of a seasonal pickup in the Medium Range tanker market in the Americas in the fourth quarter -- particularly from November onward -- charterers were able to pressure freight rates lower Wednesday, with Medium Range ...
Tags: Freight Rate, USGC-Europe, LR1 tanker
Long Range 1 tanker rates are soaring in Europe as vessels are delayed due to high storage levels in Europe, and the busy naphtha arbitrage to the East is rapidly eating into the available tonnage. LR1 rates on the Northwest Europe to ...
Tags: LR1 Tanker, Naphtha, ships
Dry bulk shipowners are heading toward 2016 with the prospect of one fewer cargo option on the key loading region of the US Gulf Coast, as new environmental legislation introduced by Beijing this summer could mean China will no longer be ...
Line space on Colonial Pipeline's distillate Line 2 on Wednesday fell back to the lowest point seen this year on a tighter US Gulf Coast/Atlantic Coast spread for ultra low sulfur diesel. Platts assessed line space on the 1.16 million b/d ...
Platts office in Singapore will be closed on Tuesday, November 10, 2015 for the Deepavali holiday and there will be no East of Suez tanker or Asia-Pacific dry bulk assessments on those days. Dry Freight Wire will not be published. ...
Researchers at the Oregon State University (OSU) in the US have patented a new strain of succulent red marine algae called dulse, which tastes like bacon. The protein-rich dulse, which is usually grown in the wild along the Pacific and ...
Tags: agricultural goods, marine algae, dulse
In addition to its current extensive portfolio of inorganic pigment products, specialty chemicals company LANXESS will promote its line of new red shades at the Eastern Coatings Show in Atlantic City, New Jersey from June 1 – 4. ...