News & Analysis  - Shipping

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Market Spotlight: US shipping industry

September 14, 2014 (3:39)

International rules for sulfur emissions soon will toughen for ships traveling within 200 miles of North American and European shores. The impending change has shippers, refiners, traders and bunker suppliers all looking for the best options for compliance.

Analysis & Data Features

December 19, 2014
Shifting price relationships in Latin America means some crude grades are finding new market opportunities, both within the region and beyond.
Also in this feature
Mexico's Maya crude price at levels not seen since May 2010
The calculated price for Mexico's Maya crude to the Americas is at a more than four-year low on falling crude and refined products prices, Platts data showed.
Higher freight rates encouraging crude exports out of Panama
Rising freight rates and less demand for Latin crudes on the US Gulf Coast has encouraged increased use of the Petroterminal de Panama.
Mexico ships crude cargo from Salina Cruz to Hawaii
A Panamax-sized cargo of crude is heading from western Mexico for delivery to Hawaii, data from Platts cFlow ship-tracking software showed.

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News Headlines

ATLANTIC PANAMAX DRY: Weak mineral and grain demand pressuring freight rates
London (Platts)--19 Dec 2014 250 pm EST/1950 GMT
Mineral and grain demand in the Atlantic shipping market was weak Friday with charterers putting pressure on rates as owners work to get vessels covered into January, shipping sources said.
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Americas crude oil production, transportation trends to continue into 2015
December 17, 2014
It was a tumultuous year for crude oil in the Americas, and Canadian, Latin American and US crudes will keep evolving into 2015.
Low gasoil prices dampen market appetite for biofuels in Asia
December 17, 2014
An overview of the biodiesel market's current situation given the decline in crude prices, and the ethanol market's expectations for 2015.
Shipping industry will see new marine fuel requirements with the new year
December 16, 2014
On Jan. 1, 2015, sulfur content will be required to drop to 0.1% in fuels used within 200 miles of the US and Northwestern European coasts.
Excess tonnage leads to sluggish Q4 dry bulk freight market
December 02, 2014
Platts editors discuss the lackluster Capesize market in the seasonally strong fourth quarter and the trend building up in the Panamax and Supramax segments.
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The Barrel Blog

December 19, 2014
It was supposed to be one of the few things that could stop oil prices from falling further: a major producer in the Middle East closing oil export terminals.
October 03, 2014
US crude oil exports appear to be the next big energy policy battle, but could a rift between East Coast refiners and US producers, as well as a historic shift in US export rules, be avoided with a limited, temporary waiver to a century-old shipping law?
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Freight methodologyPublished November 2014

Platts assesses open market rates for the chartering of dirty tankers, clean tankers and barges.

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