Seaborne

China’s new Russian crude futures deal unlikely to hurt maritime flows

Russia’s new crude oil pipeline deal is unlikely to significantly dent seaborne flows to Asia’s top oil consumer, but it will help build larger strategic oil reserves in the northwest and will give refiners in the region the confidence to increase throughput, analysts said Feb. 8. The deal, which comes at a time when oil […]

Seaborne

Global maritime trade volumes are expected to increase by 3.4% this year

Global maritime trade volumes have returned to pre-Covid levels and are on track to grow 3.4% this year, according to new data and forecasts from Clarkson Research Services. The amount of cargo shipped by sea last year rebounded 3.4% in terms of tonnes and ton-miles, with volumes totaling 12 billion tonnes, returning to 2019 levels […]

Seaborne

Maritime traffic on the Northern Sea Route as of December 17 exceeds 33.5 million tonnes

[ad_1] Volume is expected to exceed 34 million tonnes by year-end results The volume of maritime traffic on the Northern Sea Route (NSR, Sevmorput), as of December 17, 2021, reached more than 33.5 million tonnes, Rosatom said. The figures are based on freight traffic statistics provided by the Maritime Operations Headquarters, Atomflot (part of the […]

Seaborne

Demand for maritime LPG is higher this year despite a mixed picture from one region to another

The global LPG maritime trade has improved this year, which has helped LPG shipping companies. In its latest weekly report, shipping broker Banchero Costa said “Global LPG trade has remained fairly positive so far in 2021, despite the global impact of COVID-19. Even in 2020, total LPG imports by sea increased + 0.9% year-on-year to […]

Seaborne

China redraws the maritime LNG map and turns to America for supplies

China redrew the map of global LNG trade by sea this year, dismissing trade disputes with America, to dramatically raise the overall ton-mile scenario for LNG carriers, which have achieved record gains more than $300,000 a day in the past month. The United States is now China’s second largest LNG supplier, having overtaken Qatar, Malaysia […]

Seaborne

Maritime coal trade increases in 2021 with the emergence of new routes

[ad_1] SThe airborne coal trade has reversed the downward trend of the past two years, with 2021 being in positive territory so far. In a recent weekly report, shipping broker Banchero Costa said that “2021 continues to see a steady but consistent recovery in demand for coal and therefore trade as well. During the first […]

Seaborne

Port of Hamburg reports growth in ocean freight handling

[ad_1] In the first three quarters of 2021 The German port of Hamburg recorded a 2.9% increase in sea freight throughput, reaching 95.8 million tonnes in the first nine months of 2021. However, the port warned that international transport chains would continue to be unstable for the remainder of the year, with global container ports […]

Seaborne

Dry bulk market: the resumption of trade in coal by sea in 2021

[ad_1] VSCoal exports have experienced a significant recovery so far in 2021, contributing to the recovery of the dry bulk market, despite the recent correction. In its latest weekly report, shipping broker Banchero Costa said that “2020 has turned out to be a really terrible year for the global maritime coal trade. In 2021 things […]

Seaborne

Maritime hydrogen trade could reach 150 million tonnes by 2050, Auto News, ET Auto

[ad_1] About 150 million tonnes will be traded in the maritime market, of which 55% of import demand is expected to come from Northeast Asia, he said in a report on the so-called low-emission hydrogen. carbon released Thursday. Hydrogen could account for around one-third of global marine energy trade by 2050 from zero, as countries […]

Seaborne

Global maritime imports up 5.5% in the first seven months of 2021

[ad_1] SThe strong LPG trade, along with LPG imports from India, significantly helped propel LPG transport companies in the first half of the year. In its latest weekly report, shipping broker Banchero Costa said that “global LPG trade remained fairly positive in 2020, despite the global economic impact of COVID-19, and increased sharply in the […]

Seaborne

Dorian LPG Says US Exports Drive Global LPG Supply by Sea to Increase in Q2

[ad_1] Dorian LPG Ltd. said global maritime supplies of liquefied petroleum gas increased in the quarter ended June 30, due to increased exports from the United States. On the market: “The global supply of LPG by sea increased by approximately 1.5 million tonnes in the second calendar quarter of 2021 compared to the first calendar […]

Seaborne

Global trade in coal by sea in 2021 will increase by more than 5% after the 2020 crisis: Assocarboni

[ad_1] Global maritime trade volumes of coal in 2021 are expected to increase by more than 5% from 2020, with a further increase for 2022 despite decarbonization programs, according to Assocarboni, the General Association of Coal Operators, according to forecasts. May 10. “Maritime trade will start to grow again: a 5% increase in volumes traded […]

Seaborne

Coal trade by sea was hit hard in 2020

[ad_1] SThe maritime trade in coal was one of the biggest ‘losers’ in 2020, as total loadings declined significantly due to lower demand. In a recent weekly report, shipping broker Banchero Costa said that “2020 has turned out to be a really terrible year for the maritime coal trade. Total loadings in the 12 months […]

Seaborne

Trade review: scrap metal transported by sea is slipping from the peaks but should remain firm for the year

[ad_1] Strong points Downstream recovery to slow down the decline Pre-lunar trade for diving China’s readmission of scrap imports set to boost demand This report is part of the S&P Global Platts Metal Trade Review series, where we sift through datasets and digest some of the key trends in metallurgical coal, iron ore, scrap and […]

Seaborne

Tankers: Kuwait’s seaborne crude oil exports amount to 83.4 million tonnes between January and October. Period

[ad_1] As Middle East crude oil exports are a vital part of the tanker market, it’s worth taking a look at the latest market fundamentals. In a recent weekly report, shipping broker Banchero Costa said that “Kuwait is the fourth largest exporter of crude oil to the Middle East after Saudi Arabia, Iraq and the […]

Seaborne

Could the disruption of the Australian marine coal trade lead to an increase in tonne-mile demand?

[ad_1] VSTrade tensions between China and Australia, which have led to disruptions in the coal trade, still so important to the dry bulk market, could potentially lead to more long-haul charters. For example, Canada is the world’s seventh largest exporter of coal. During the 2019 calendar, the country exported a total of 58.7 million tonnes […]

Seaborne

Demand for marine thermal coal will increase over the next decade

[ad_1] A precise understanding of the demand for thermal coal is important in the context of the continued interest in Australia, our region and the world in the future of coal. Recent analysis suggests that Australia’s major global thermal coal producers may benefit from strong future growth in demand, especially in our region. It is […]

Seaborne

Port of Hamburg’s sea freight throughput increased 1.1% to 136.6 million tonnes in 2019

[ad_1] With a sea freight throughput up 1.1% to 136.6 million tonnes, Germany’s largest universal port can post an excellent result for 2019. Faced with the slowdown in world trade and trade sanctions, Hamburg has performs well in a tough environment, the company said in its statement. “The Port of Hamburg is not only one […]