Markets

Markets

crude_oil_tanker-ship

May 25, 2018

Instead of OPEC, Iran or even Venezuela, the most prominent driver of oil prices over the next two years is likely to come in the...
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The Angleviken Maltese oil tanker sails offshore Saint-Nazaire, western France, on March 10, 2016.   / AFP / LOIC VENANCE        (Photo credit should read LOIC VENANCE/AFP/Getty Images)

May 24, 2018

The latest standoff between the U.S. and Iran may be leaving oil-tanker owners in more of a bind than in previous years. (more…)
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commodity-corn

May 24, 2018

Europe’s hunger for corn is giving South Africa a surprising destination to sell more of its record crop. (more…)
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goldman_sachs

May 23, 2018

Oil producers have picked up the pace in hedging against further production in 2019, with an average price at about $60 a barrel, which limits...
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china_iron_ore

May 23, 2018

The seaborne iron ore market appears to be in something of a sweet spot currently, with largely steady demand and prices that have been flatlining...
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containers

May 22, 2018

China has pledged to buy more U.S. goods to reduce America’s huge trade deficit and help avoid exacerbating a trade war between the world’s two...
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Gibson

May 21, 2018

It goes without saying that crude tanker earnings across all size groups have been at very depressed levels this year. (more…)
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bulker

May 21, 2018

China dropped its anti-dumping probe into imports of U.S. sorghum on Friday, beating a hasty retreat from a dispute that wreaked havoc across the global...
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A Chinese ship is loaded with soybeans at Port of Santos May 19, 2015.  REUTERS/Paulo Whitaker

May 18, 2018

China, the world’s biggest soybean importer, almost tripled purchases from Russia amid a trade dispute with the U.S., the biggest producer. (more…)
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crude_oil_tanker-ship

May 17, 2018

The volume of U.S. crude oil arriving in Asia is expected to hit a new high in July as Asian refiners sought arbitrage supplies to...
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crude oil export korea

May 17, 2018

Forget Iran and OPEC — there’s another issue that will keep oil prices supported for the next two years, according to Morgan Stanley. (more…)
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Container ships sit at a berth at the Port of Oakland in Oakland, California, U.S., on Tuesday, Jan. 13, 2015. The trade gap, or the difference in the value of imports and exports, shrank 7.7 percent to $39 billion, the smallest since December 2013, Commerce Department figures showed last week. Photographer: David Paul Morris/Bloomberg

May 16, 2018

A federal judge struck down a local ban prohibiting companies from transporting coal though an Oakland, California, export terminal that U.S. miners see as a...
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epa05142254 The Starla, an Iranian large crude oild tanker with a cargo-carrying capacity of 317,000 dead weight tons, is moored at a buoy of South Korea' largest oil refiner SK Energy off Ulasan, South Korea's southeast coast, 04 February 2016. It marks the second time an Iranian crude oil carrier has made a call at a South Korean port since 17 January, when the international community lifted most economic sanctions against the Middle East country.  EPA/YONHAP SOUTH KOREA OUT

May 16, 2018

If European powers are to succeed in holding together a nuclear deal with Iran that the U.S. abandoned a week ago, then one issue they’ll...
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TORM-tanker

May 15, 2018

As the countdown begins for the restoration of US sanctions on Iran, many shipping companies such as Maersk Tankers and Torm are already refusing to...
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A cargo ship is loaded with coal during the opening ceremony of a new dock at the North Korean port of Rajin in this July 18, 2014 file photo. South Korea said on March 8, 2016 it would impose new sanctions against 40 individuals and 30 entities because of suspected links to North Korea's weapons programme and would ban vessels that had stopped at North Korean ports in the past 180 days.  REUTERS/Yuri Maltsev/Files

May 15, 2018

The Indian government’s 12 major ports handled 9.71 million mt of thermal coal in April, the first month of the current fiscal year 2018-19, up...
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