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Links to previous press releases are below.

News Oil

Mexico 3Q19 Crude Production Rises, Crude Exports to Asia on Upward Trend

Mexico’s crude oil production rose 22K b/d m-o-m to a year-to-date high of 1.71M b/d in September, but this was still down 103K b/d annually, Pemex data show. At 1.69M b/d, average output in the 3Q19...

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News Dry Cargo Economy

Chinese Industrial Profits

September profits at Chinese industrial firms dropped by 5.3% year-on-year to 575.6 billion yuan, this compared with a 2.0% annual drop in profits in August, according to China’s National Bureau of Statistics.

News Dry Cargo Minor Bulks

Indonesian Nickel Ore Export Ban Enforced with Immediate Effect

Major newswires reported advice from the chair of Indonesia’s investment agency on 28 October that the country’s miners have agreed to halt exports of nickel ore with immediate effect. Chinese imports...

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News Dry Cargo Minor Bulks

Chinese Minor Bulk Imports by Source

The 1.9 Mt year-on-year rise in September Chinese nickel ore imports to a near six-year high of 7.1 Mt featured rises in shipments from Indonesia (+1.0 Mt to 2.5 Mt) and the Philippines (+0.9 Mt to...

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News Oil

Line Fill Commences in Gray Oak Crude Pipeline

Line fill and commissioning activities have started on the 900K b/d Gray Oak Pipeline which connects the Permian and the Eagle Ford Basins to the Texas Gulf Coast, Phillips 66 announced. The company,...

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News Corporate

Simpson Spence Young Partners with Signal Ocean

Press Release

International shipbroker Simpson Spence Young and Signal Ocean Ltd have announced today (28 October 2019) that they have entered into a strategic partnership as investors...

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News Dry Cargo Steel

Global Crude Steel Production Growth Falls in September

World crude steel output contracted on an annual basis for the first time since April 2016 in September, falling 0.3% to 151.5 Mt, according to the World Steel Association. Chinese steel production...

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News Dry Cargo Grain

IGC Revises Corn and Soyabean Forecasts

In its October report, the International Grains Council (IGC) has projected world corn exports in the 2019/20 market year (July-June) will reach 167.5 Mt, up 2.9 Mt from September’s forecast. The projection...

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