Links to previous press releases are below.
Indonesia’s Coal, Nickel Ore and Bauxite Exports
Indonesian coal exports retreated from March’s all-time high of 42.1 Mt to 38.5 Mt in March, although still up by 5.3 Mt year-on-year, Bank Indonesia data show. At 154.8 Mt, shipments in January-April...
Read MoreWorld Steel Production Data
Record monthly steel production in China (+10.0% to 89.1 Mt), drove global crude steel output to a new high of 162.7 Mt in May, up by 5.4% year-on-year, the World Steel Association reports. By contrast,...
Read MoreChina’s CPP Exports Fall in May Despite Domestic Oversupply
China’s total CPP exports (naphtha, gasoline, kerosene and diesel) dropped 468K b/d m-o-m and 332K b/d y-o-y to 901K b/d in May, customs data showed. At 296K b/d and 230K b/d, exports of diesel and...
Read MoreFire Causes Extensive Damage to USAC’s Largest Refinery
A fire has broken out at Philadelphia Energy Solutions’ 330K b/d refinery in Philadelphia following a large explosion, newswires report. The refinery is the largest plant on the US East Coast. The cause...
Read MoreUS Grain Shipments Slow
Flooding and high water levels along the lower Mississippi continue to disrupt cargo loading in the region. US exports of corn, wheat and soyabeans combined dropped to the lowest level since September 2017 at 1.81 Mt in the week ending the 13 June as both corn and soyabean shipments slowed.
Japan’s Steel Output Slows Further
Japanese crude steel production fell on an annual basis for the ninth consecutive month in May, dropping by 4.6% to 8.7 Mt, the Japanese Iron and Steel Federation reports. As a consequence, output in the first five months of the year was down by 4.3% on the same period in 2018 at 42.3 Mt.
Ecuador’s Esmeraldas Refinery to Remain Shut in July
Ecuador’s 100K b/d Esmeraldas refinery will remain offline until the end of July due to technical issues at its main crude processing unit discovered during maintenance, Reuters reports citing an official...
Read MoreSouth Korea’s Coal Imports Edge Higher
South Korean coal imports climbed to a three-month high of 11.3 Mt in May, up slightly year-on-year, as increased coking coal shipments countered a drop in steam coal volumes, according to the Tex Report....
Read MoreICS Dry Bulk Conference
John Kearsey of SSY Consultancy & Research was a speaker at this annual event, held in Vancouver on 15 November. His paper included an analysis of the impact on dry bulk trade from the US-China...
Read More2018 KOBC Maritime Conference
The inaugural conference organised by Korea Ocean Business Corporation was held in Busan on 8 November. SSY's Head of Research, John Kearsey, was among the speakers where his topic was "Dry Bulk Market Prospects in a Changing Landscape".
Metcoke World Summit 2018
John Keeshan, Senior Director of Chartering at SSY USA, was a speaker at this year's event held in Pittsburgh on 7-8 November, where his paper examined the key factors shaping the dry bulk freight market in 2018 and the outlook for the supply/demand balance in 2019.
Regional Coal Buyers Conference 2018
Held in Malaysia on 8-10 October, this conference included a presentation by SSY's Robin Thomas on recent developments in, and prospects for, the dry bulk freight market. Dr Thomas also participated...
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