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Links to previous press releases are below.

News

OPEC output falls to ten-year low in February

OPEC oil output dropped 510K b/d m-o-m in February to 27.84M b/d, the lowest level since the financial crisis in 2009, a Reuters survey shows.

The drop in output was caused by the collapse in...

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News Dry Cargo Grain

Brazilian Soya, Corn Exports Fall

Brazil's soyabean and soyameal shipments inched down by 0.1 Mt apiece from February 2019 to 5.1 Mt and 0.8 Mt, respectively, last month, provisional government (MDIC) data show. However, combined shipments...

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News Dry Cargo Iron Ore

Brazilian Iron Ore Exports Decline

Brazilian iron ore exports fell by 6.8 Mt year-on-year to 22.1 Mt in February, the second lowest month for seven years, according to provisional economic ministry (MDIC) data. Shipments have posted...

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News

US Crude Production Fell in December

US Crude Production fell to 12.78M b/d in December, down from 12.86M b/d in November, according to the EIA.  

It was the first monthly decline since July but production could return to growth...

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News Dry Cargo Coal

South Korea Curbs Coal-Fired Power Output

South Korea will idle up to 28 coal-fired power units in March to curtail pollution, up from 15 plants shut in the winter, IHS reports. The country’s remaining coal operations will run at 80% of capacity.

The country imported 103.0 Mt of steam coal in 2019, down from 109.4 Mt in 2018.

News Dry Cargo Economy

OECD Lowers Economic Outlook Amid Coronavirus Outbreak

Global GDP growth is projected to fall to 2.4% in 2020, with the potential for negative growth in 1q20, according to the OECD. Chinese economic growth is projected at 4.9% in 2020 (-0.8 percentage points...

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News Dry Cargo Economy

China’s Manufacturing PMI at Record Low

China’s official manufacturing Purchasing Managers' Index (PMI) plunged to 35.7 in February from 50.0 in January, according to the National Bureau of Statistics (NBS). This is a record low, Reuters...

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News Dry Cargo Iron Ore

Chinese Iron Ore Port Stocks at 5-Month Low

Iron ore inventories at 42 Chinese ports surveyed by U-Metal fell by 2.5 Mt week-on-week to 122.0 Mt on 28 February — the lowest level since September 2019. Stockpiles declined from a recent peak of...

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Event Research & Consultancy

Coal Conference Canada 2019

IMO 2020 low sulphur fuel regulations formed a main discussion point in the transportation session at the 2019 Coal Conference Canada from 8-10 October in Vancouver. Derek Langston of SSY Consultancy...

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Event Research & Consultancy

Indian Coal Markets 2019

Derek Langston, Head of Research at SSY, outlined the potential impact of IMO 2020 low sulphur fuel regulations on India’s coal sector at mjunction’s Indian Coal Markets conference on 16-18 September in Kolkata.

Event Research & Consultancy

Europe Steel Markets 2019

Derek Langston from SSY Consultancy & Research presented on the prospects for the dry bulk freight market at the Europe Steel Markets 2019 conference in Amsterdam on 27 June organised by Kallanish.

Event Research & Consultancy

International Iron Ore 2019

Alexis Ellender from SSY Consultancy & Research was a speaker at the International Iron Ore 2019 conference held in Lisbon from 5-7 June. His paper covered the prospects for the dry bulk market...

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