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Shipping market news & analysis


News Headlines

London (Platts)--15 Jun 2018 1216 pm EDT/1616 GMT
The container market has been focused on the battle of the Emergency Bunker Surcharge pitching shippers and freight forwarders against carriers.
Houston (Platts)--15 Jun 2018 851 am EDT/1251 GMT
Two rare cargoes of Venezuelan light-sweet Santa Barbara crude oil totaling nearly 800,000 barrels were imported into the US Gulf Coast in the first week of June, according to US Customs Bureau data released Thursday.
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Podcasts

June 15, 2018
Following a meeting of energy chiefs with Pope Francis in the Vatican, Britain's Lord Browne, former CEO of BP and current executive chairman of L1 Energy, tells S&P Global Platts that change in the world's biggest industry, oil and gas, will be a slow process.
May 29, 2018
US Navy Admiral Jonathan Greenert, the Chief of Naval Operations from 2011 to 2015, talks Iran, global maritime security and the US role in policing international waters. (Part 1 of 2.)
May 21, 2018
Ian Ralby, founder and CEO of I.R. Consilium, and David Soud, head of research and analysis at I.R. Consilium, discuss the state of illegal maritime trade of crude and refined products.
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Infographics

IMO 2020 – Tough new environmental regulations will soon hit the shipping industry
Tough new environmental regulations will soon hit the shipping industry. The IMO 2020 sulfur cap and Ballast Water Treatment rules look set to cause massive disruption, and the continued implementation of worldwide Emission Control Areas (ECA) present fuel buyers and suppliers with new fuel choices, prices, equipment, logistical issues and quality challenges.


The Barrel Blog

June 08, 2018
Attendance was greater than ever at the IATA Fuel Forum in London. Ease of location was no doubt a factor, with fuel procurement teams flying in to London from all over the world. However, another factor is the current robust health of the airline industry... for now at least.
May 04, 2018
As LIBOR increases, stresses on shipping industry balance sheets, cash flows and earnings also rise. With rates still at relatively low levels in historic terms, further increases are likely, and for a highly capital-intensive sector like shipping, this will undoubtedly weigh heavily on already debt-laden companies.
April 20, 2018
A decade has passed since the 2008 dry bulk freight rates began a long downturn which coincided with the Financial Crisis and culminated with a historic low in January 2016.
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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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