Markets

January 24, 2020

China tax changes unlikely to boost marine fuel supply until Q2

Chinese oil refiners are unlikely to boost their output of cleaner marine fuels until at least the second quarter of 2020 because they will need...

January 23, 2020

Fearnleys Weekly Report [W04]

The VLCC market has bounced back after last week’s turmoil. (more…)

January 22, 2020

Intermodal Weekly Market Report [W03]

It seems that we are finally seeing whitish smoke as far as the trade feud between the US and China is concerned, while following this...

Qinghuangdao Port is a major port for coal transportation.

January 21, 2020

China coal imports to rebound Jan; rest of 2020 cloudy

China’s coal imports are likely to show an impressive bounce in January after customs delays crimped December clearances, but questions remain as to the outlook...

January 21, 2020

Asia appetite for coal grows

Although renewable power generation is expected to rise significantly in Asia, India’s vast electricity needs will still underpin global demand for coal until 2024, according...

January 20, 2020

Gibson Weekly Tanker Market Report [W03]

After nearly two years of trade tensions, the US and China have finally signed the long-awaited phase one trade deal, helping to ease economic fears...

January 20, 2020

China set to buy more US met coal in Phase-1 trade deal

A Phase-1 trade agreement signed between the United States and China saw Beijing pledge to buy more metallurgical coal in the next two years from...

January 13, 2020

Gibson Weekly Tanker Market Report [W02]

2020 is already turning out to be a highly volatile year. (more…)

Employees working at cargo ship Kypros Land which is loading soybeans to China at Tiplam terminal in Santos, Brazil, Merch 13, 2017. Picture taken March 13, 2017. REUTERS/Paulo Whitaker

January 13, 2020

Brazil’s January soy shipments to China seen slumping – shipping data

Soybean exports from Brazil to China in January may fall to around half of January 2019’s levels, data from shipping company Cargonave showed, a sign...

January 9, 2020

Fearnleys Weekly Report [W2]

With the heightened tension in the Middle East Gulf area it’s been a turbulent few days in the VLCC market. (more…)

January 8, 2020

Tankers Sail to U.S. Gulf as Rates Surge

A flotilla of oil tankers is sailing empty from Europe and the Mediterranean toward the U.S. Gulf Coast to take advantage of surging shipping rates,...

January 2, 2020

Commodities clinch best year since 2016 as trade worries ebb

Commodities are set for the best annual performance since 2016, with crude to copper posting annual gains. (more…)

December 30, 2019

First Oil Shipped from Guyana

Exxon Mobil Corp. and its partners produced the first commercial crude from Guyana, setting the small South American nation on a path to potentially vast...

A cargo ship is loaded with coal during the opening ceremony of a new dock at the North Korean port of Rajin July 18, 2014. REUTERS/Yuri Maltsev/File Photo

December 30, 2019

China’s coking coal imports rise in November

China’s imports of coking coal saw steady growth in November, according to data from General Administration of Customs. (more…)

December 24, 2019

ArcelorMittal signs share purchase agreement for sale of 50% shipping business stake

ArcelorMittal, the world’s leading steel and mining company, announced it has signed a share purchase agreement with DryLog Ltd (DryLog) for the sale of a...