• Refine News & Events…
  • Department
  • Commodity (All)
  • Date
  • Archive

Links to previous press releases are below. We welcome bona fide press enquiries, please email for further information

News Oil

China’s Crude Imports Pressured in June, Trade Surplus with the US Widens to Record High

At 8.38M b/d, China’s crude oil imports in June were down 841K b/d m-o-m and the lowest since December 2017, customs data indicate. A report by Reuters argued this fall was due to independent “teapot”...

Read More
News

Chinese Dry Bulk Imports in June

From a four-month high of 94.1 Mt in May, Chinese iron ore imports dropped to 83.2 Mt in June, down by 11.5 Mt year-on-year, customs data show. As a consequence, 1h18 imports were down by 8.8 Mt on...

Read More
News Oil

IEA Oil Market Report Highlights

In its latest Oil Market Report, the IEA estimated global oil demand growth at over 2M b/d in 1Q2018, buoyed by cold weather in the northern hemisphere. However, higher oil prices are viewed a factor...

Read More
News Steel

CISA Steel Mill Output Remains Robust in Late-June

Daily crude steel output at China Iron and Steel Association member mills slipped to 1.97 Mt in the period 21-30 June, down slightly from the preceding 10 days, according to data from the industry association...

Read More
News Oil

India’s Crude Imports on the Rise, Imports from Iran under Pressure

India’s crude oil imports rose 480K b/d m-o-m to 4.82M b/d in April, up 451K b/d from the average in 2017, according to data published by Reuters. Imports from its third largest supplier Iran, dropped...

Read More
News Economy,Steel

World Hot Rolled Band Prices Diverge

The US hot rolled band (HRB) price continues to edge higher, rising by $6/t in the two weeks to 11 July to $1,006/t, according to the latest SteelBenchmarker from World Steel Dynamics. The...

Read More
News Oil

Major Norwegian Strike Threatens North Sea Supplies

A major strike commenced on Tuesday on Norwegian offshore oil and gas rigs, following a wage dispute between the Norwegian Shipowners’ Association and two labour unions representing offshore platform...

Read More
News Oil

Oman’s Oil Production Rises to 16-Month High

At 973.5K b/d, Oman’s crude oil and condensate production in June was the highest in 16 months, newswires report citing a monthly report issued by the Ministry of Oil and Gas. This was attributed to...

Read More
Event Research & Consultancy

Mjunction Indian Steel Markets Conference

John Kearsey of SSY Consultancy & Research presented an outlook for the dry bulk freight market at this event, held in Kolkata on 7-8 June 2018. He explained the reasons for the rise in ocean...

Read More
Event Research & Consultancy

TXF Natural Resources and Commodity Finance

Speaking at this year's event, held in Amsterdam on 17-18 May 2018, Simpson Spence Young's Head of Research John Kearsey contrasted the uneven recovery in dry bulk freight markets with the continued downswing in the tanker sector.

Event Dry Cargo

Profercy World PKS Forum

Robin Thomas, Business Manager for SSY's Dry Cargo Division, was among the speakers at the conference held in Abu Dhabi on 8-10 May 2018. His paper highlighted the importance of movements in bunker...

Read More
Event Research & Consultancy

Argus Marpol Strategy Summit

Held in Houston on 23-25 April 2018, this event included a presentation by SSY's Vivek Srivastava on "The Scrubber Decision For A VLCC - To Fit or Not To Fit?"