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China's Coastal Coal Freights Began Rising in Week

Feb 22, 2017

Freight rates for shipping coal from northern China's Qinhuangdao port to the other Chinese ports of Zhangjiagang, Shanghai and Guangzhou in eastern and southern China began to rise in the week to Tuesday, port operator Qinhuangdao Port ...

Tags: coal, coal demand

The 40000th JAC Gallop Rolled off The Production Line

Jan 10, 2017

At 8:30 a.m of December 19, a colorful GALLOP K3 was rolled off the production line in JAC heavy truck assembly plant, which was a new milestone of JAC heavy-duty CV company. The exciting moment announced the birth of the 40,000th heavy ...

Tags: GALLOP K3, JAC

Analysis: US Crude Exports Hit Record in September

Nov 8, 2016

US crude exports rose 35,000 b/d to a record 692,000 b/d in September after Brent's premium to WTI widened, an analysis of Census Bureau data released Friday showed. Brent's premium over WTI widened from 34 cents/b in May to average ...

Tags: crude exports, crude

Latin American Corn Demand Spearheads US Gulf Supramax Rebound

Aug 23, 2016

An increase in eastbound long-haul grain and petcoke cargoes from the US Gulf Coast has triggered a rebound in Handysize and Supramax freight rates in this key loading area this week. Also, inquiries in the region remains spearheaded by ...

Tags: Corn Demand, US Gulf Coast

China's Shipbuilding Sector Decline 26% in 2015

Feb 5, 2016

China retained its crown as the world's biggest shipbuilding nation in 2015, but with a 26% decline on year in newbuilding orders, chiefly due to "the abysmal state of the dry bulk market," Italian shipbroker Banchero Costa (Bancosta) said ...

Tags: Shipbuilding Sector, shipyards

Tankers: Rush of North Sea VLCC Fixtures Could Spell Trouble for Aframaxes

Nov 25, 2015

Three VLCC fixtures to lift Forties crude from Hound Point, Scotland, in recent days could hit Aframax freight rates in the North Sea in coming weeks, shipbrokers said Friday. The Al Kout, the Front Page, and the Voyager I were all ...

Tags: Tankers, VLCC Fixtures, crude, Aframaxes

Dry Bulk Atlantic: Supramax Freight Rates in Doldrums on Oversupply, Uncertain Demand

Nov 25, 2015

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

US Gulf Coast Hsfo Swaps Market Contango Widens out for DEC/Jan

Nov 24, 2015

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

USGC-Europe MR Freight Rate Falls to 8.5-Month Low as Ships Sit Prompt

Nov 6, 2015

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

Feature: LR1 Tanker Rates Surge; Europe Ullage Issues, Naphtha Demand From East

Nov 6, 2015

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

Analysis: Dry Bulk Shipowners Faced with Loss of USGC-China Petcoke Route

Nov 6, 2015

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 ...

Tags: USGC-China Petcoke Route, Dry Bulk Shipowners, sulfur

Grade B Ethanol Market Spotlight Turns on Pakistan as Brazil Remains Pricey

Nov 4, 2015

Pakistan is set to regain ground in the Asian beverage-grade ethanol market amid recent surge in Brazilian ethanol -- the predominant source of grade B product currently, market sources said Tuesday. With several Pakistani sellers set to ...

Tags: freight rates, Grade B Ethanol, price

Handysize Tanker Freight Rate on Cross-Med Route at Five-Year Low on More Tonnage

Nov 4, 2015

Handysize tanker freight rates on the Cross-Mediterranean voyage, basis 30,000 mt, have hit their lowest in five years on Monday on the lack of cargoes and ample tonnage, shipping sources said Tuesday. According to Platts data, freight ...

Tags: Handysize tanker, freight rates, cargoes

China Sources 84% of H1 Iron Ore From Australia

Aug 1, 2015

China's iron ore demand is falling, but its share of imports from mining giants Australia and Brazil is rising, which is squeezing smaller miners and curbing their supply. China imported 453.1 million mt of iron ore in January-June, with ...

Tags: Iron Ore, Metals

Air Freight Volumes Continue to Show Solid Gains on a Year Ago

Dec 12, 2014

The International Air Transport Association (IATA) has released its air cargo report and outlook. Air freight volumes continue to show solid gains on a year ago, supported by improving growth in trade in some regions, but weakness in load ...

Tags: load factors, yields, Service

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