Shipping market news & analysis

The Barrel Blog

April 18, 2017
There are clear signs that the container industry is slowly creaking towards using price indexes in contracts, but some of the most important players still hesitate to give it a shot.
April 13, 2017
In stark contrast to other regions where the number of bunker suppliers has been shrinking, Panama has been drawing interest to its bunker market with a growing number of suppliers.
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.
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News Headlines

Singapore (Platts)--26 Apr 2017 949 am EDT/1349 GMT
Denmark-based Hafnia Management plans to significantly expand its global footprint by adding more Long Range II tankers into its pool and also have an increased presence in the Medium Range tankers segment in the Asian region, a senior company official said Wednesday.
Singapore (Platts)--26 Apr 2017 946 am EDT/1346 GMT
The best days of the private independent shipowner are over, according to the audience who took part in a poll at maritime conference in Singapore Wednesday.
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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.


Shipping industry faces seismic shift in 2020 as sulfur cap looms
April 18, 2017
- In 2020 the shipping industry is facing its biggest challenge in a century as the IMO is set to impose a new 0.5% sulfur cap on marine fuel emissions. We assess the readiness of shipowners to meet these stricter regulations.
May a big month for Iran amid rising crude oil output
April 13, 2017
- Our editors shed light on the diversification of Iranian crude oil export destinations, as the country faces elections on May 19 and bids to lure in global expertise through a new contract model.
Turkish grains imports paradigm shift
April 12, 2017
- Turkey recently put a stop to Russian grain imports. What impact is this decision having on the Turkish milling and processing industry? Celal Koc from Korel Energy discusses this and how likely it is to affect the trading landscape.
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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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