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.

News Headlines

Mediterranean Aframax freight rates plummet on lack of inquiry: sources
London (Platts)--28 Nov 2014 817 am EST/1317 GMT
Mediterranean Aframax rates have plummeted due to a lack of inquiry from charterers in the region, shipping sources said Friday.
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Analysis & Data Features

November 17, 2014
Asia's largest oil consumers have collectively bought around 43% more Nigerian crude this year compared with 2013.
Also in this feature
Asian imports of Angolan crudes lower then from Nigeria
Angolan crudes did not find the same buying support from Asia, however, with nothing to offset the 1% decline in Chinese offtake.

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The Barrel Blog

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?
September 22, 2014
Growing natural gas liquids production spurred by the US shale gas boom has stoked interest in new classes of ships to move ethane and LPG across oceans: very large ethane carriers and ultra large gas carriers.
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Russian oil exports tumble ahead of 2015 tax changes
November 26, 2014 - Platts editors discuss the upcoming changes to the Russian oil export tax scheme and their impact on both crude and product exports, the spot market and other effects.
Eagle Ford forces out crude imports from Africa along USGC
November 19, 2014 - Platts crude editors Richard Capuchino Jr. and Jacqueline Puig discuss how Eagle Ford oil is finding more ways to move to market and is replacing imports of West African crude.
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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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