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Shipping market news & analysis


The Barrel Blog

March 29, 2017
Over 2000 container industry players descended upon TPM at Long Beach, end February, where one key theme I took away was the hesitancy to embrace price transparency.
March 21, 2017
Over 2000 container industry players descended upon TPM at Long Beach, end February, where one key theme I took away was the hesitancy to embrace price transparency.
February 06, 2017
The time is indeed good for a major shift towards customer focus as there is yet more pressure to mount upon the smaller container ships segment.
January 30, 2017
Smaller TEU vessels have struggled to find a logical home since the Panama Canal expansion as logistics companies are utilizing the neo-Panamax gauge for economies of scale.
All Blogs

News Headlines

London (Platts)--29 Mar 2017 937 am EDT/1337 GMT
The cost of sending crude oil from West Africa to China on VLCCs has dropped to a six-month low due to weak export demand and a rising number of VLCC vessels, sources said.
Fujairah (Platts)--28 Mar 2017 1140 pm EDT/340 GMT
Speakers at a bunker conference Tuesday in Fujairah in the UAE, the world's second largest bunkering hub, said it faced challenges from the lower global sulfur cap on marine fuels in 2020, but expressed confidence it could adapt to meet them.
More Headlines

Feature: Q4 2016: Dry Bulk Shipping Overview

December 23, 2016
The beginning of the fourth quarter for the Capesize market was relatively lackadaisical, but freight rates surged to a 23-24 month high for several key routes by early part of H2 November.
Capesize freight rates surge for key routes in November
Also in this feature
Panamax freight rates see better-than-expected Q4
Panamax freight rates see better-than-expected Q4
The Panamax vessels in the Asia Pacific saw their best returns for 2016 during the fourth quarter. Charterers had to pay up entice shipowners to ply on shorter routes within the Pacific.
Atlantic Panamax market has a roller coaster Q4 2016
Atlantic Panamax market has a roller coaster Q4 2016
The Atlantic Panamax market saw a roller coaster Q4 2016, buffeted by shifting Chinese and Indian demand for coal and iron ore from South Africa, Indonesia and Australia.



Podcasts

Global factors widen the Forties/Urals crude oil spread
March 29, 2017
- Platts editors discuss the "exploding" price difference between two important crudes in North Europe -- benchmark Forties and Russia’s Urals.
Libya: back on the road to supply security?
February 02, 2017
- Once a N. African OPEC powerhouse for light, sweet crude oil, Libya is now riven by civil war and disrupted oil supply. We look at how the country is trying to pull itself back into contention as a supplier of crude into the Med and beyond.
The impact of the IMO's 2020 sulfur cap: Interview with Ensys/Navigistics
December 22, 2016
- The presidents of EnSys Energy and Navigistics Consulting talk to Platts about their study regarding the potential impacts of the IMO's 2020 global sulfur cap.
All Podcasts

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Freight methodology

Published November 2014

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


Freight methodology



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