Links to previous press releases are below.
NOC Announces Oil Production Increase Campaign
Libya’s NOC plans to raise its oil production to 1.5M b/d in 2020 from current levels of 1.25M b/d, according to a company announcement. The increase will be realized through workovers on existing wells,...
Read MoreSimpson Spence Young expands into energy derivatives broking
Leading independent shipbroker Simpson Spence Young (SSY) is launching a new energy derivatives service through its derivatives business SSY Futures Ltd., based in New York, London and Singapore.
Covering...
Read MoreVietnamese October Coal Imports Rebound from Weaker September
At 4.2 Mt, Vietnamese coal imports nearly doubled year-on-year in October to reach the third-highest monthly level on record, rebounding from the weak September volume of 3.0 Mt, IHS reports.
Brazilian Iron Ore Exports by Destination
The 6.0 Mt annual drop in Brazilian iron ore exports in October to 31.2 Mt featured a 0.7 Mt fall in shipments to China to 19.1 Mt, official trade data reported by the Tex Report show. Exports to Europe...
Read MoreTurkish Steel Output Down in October
Turkey’s crude steel output fell 15.0% year-on-year in October to 2.7 Mt, data from the Turkish Steel Producers Association reveal. At 28.0 Mt, production in January-October was 10.6% below the corresponding period in 2018.
US Shale Oil Output Rising, Drilling Activity Continues to Fall
US tight oil production from the seven major shale formations is projected to rise 48K b/d m-o-m and 888K b/d y-o-y to a record of 9.13M b/d in December, according to the latest drilling productivity...
Read MoreColombia’s September Coal Exports
Total Colombian coal exports fell by 1.1 Mt year-on-year in September to 6.0 Mt, IHS reports. The annual fall featured a 0.5 Mt drop in shipments to Asia to 0.5 Mt, while exports to the Americas and Europe each decreased by 0.3 Mt to 2.2 Mt and 3.3 Mt, respectively.
Portuguese and Spanish Coal Imports in September
At 0.3 Mt, total Spanish coal imports in September fell to the lowest level in over 20 years, down 0.9 Mt year-on-year, IHS reports. In the same month Portuguese coal imports slipped to a six-year low of 68,000 tonnes from 0.4 Mt in the same month of 2018.
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...
Read MoreIndian 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.
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.
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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