Links to previous press releases are below.
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.
Vietnamese 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.
Turkish 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 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 More
Colombia’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.
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.
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.