Markets

September 21, 2018

Iran Warns It Will Veto OPEC Decisions Harming Its Interests

Iran said it will veto any OPEC decision that harms the Islamic Republic and warned that some oil producers are trying to create an alternative...

September 19, 2018

Intermodal Weekly Market Report [W37]

Following a challenging market, especially during the 2014-2016 period, when asset values, freight rates and any activity in general across the oil and gas industry...

September 19, 2018

In Big Win for Trump, U.S. Sanctions Cripple Iranian Oil Exports

Aggressive and undiplomatic, certainly, but also extremely effective. With nearly 50 days to go before new U.S. oil sanctions against Iran enter into force, President...

September 13, 2018

Brazil, Australia to fight any Indian sugar export subsidy

Brazilian and Australian sugar industry groups have joined forces and are working together with their respective governments to prepare a formal complaint to the World...

September 12, 2018

Intermodal Weekly Market Report [W36]

A recovery in the shipping market since last year has buoyed optimism amongst the people in the industry... (more…)

September 12, 2018

Asia buyers to receive more Saudi oil ahead of Iran sanctions

At least three North Asian buyers will receive extra supplies of oil from Saudi Arabia after the kingdom cut its prices for most grades in...

September 11, 2018

Port Hedland iron ore shipments to China rise

Pilbara Ports Authority announced another shipping record as part of its August 2018 shipping figures. (more…)

September 11, 2018

Gibson Weekly Tanker Market Report [W36]

In the tanker market, there are many factors not directly related to shipping but which could still have a major impact on shaping up both...

September 7, 2018

Fearnleys Weekly Report [W36]

VLCC It appears we are in the week, prior to BOT stem confirmations ex MEG which are due over the week-end. (more…)

September 6, 2018

ONE Chooses Low Sulphur Fuel

Ocean Network Express (ONE) plans to comply with the new sulphur regulations by fueling its ships with low-sulphur compliant hybrid oil. The company said that...

September 4, 2018

India’s coal import rises 12% to 79 million tonnes in April-July

India’s coal import rose 11.9 per cent to 78.7 million tonnes in the first four months of the current fiscal. (more…)

September 2, 2018

Asia’s July Iran oil imports hit 10-mth high

Imports of Iranian crude oil by major buyers in Asia hit a 10-month high in July, as only South Korea lowered imports ahead of upcoming...

August 31, 2018

Experts Predict A $4/Barrel Crude Oil Boost On 2020 IMO Rules

New regulations to curb pollution from the world’s shipping fleet could lift crude prices by $4 a barrel when the measures come into effect in...

August 30, 2018

Venezuela’s main oil port partially operating after tanker hits dock

Venezuela’s main oil port of Jose is operating partially after a tanker collided with a dock at the weekend, curtailing state-run PDVSA’s ability to export...