Port information and disbursements for the dry cargo shipping industry

Welcome to SSY Online

News

Russian Crude Shipments Set to Fall in September 02-09-2010

Transneft’s latest loading schedules reveal Russian seaborne crude exports of 2.79 mb/d in September, a 62 kb/d decrease from August’s planned shipments, Energy Intel reports. Scheduled exports from ... [more]

Japanese steel exports at 8-month low 01-09-2010

Japanese steel exports dropped by 13% month-on-month to 3.3 Mt in July, the lowest level since November 2009, according to the Japan Iron and Steel Federation. Despite the weaker performance, this is ... [more]

China’s PMI rise in August 01-09-2010

The Purchasing Managers Index (PMI) for China increased slightly in August after falling for three consecutive months, standing at 51.7 compared with 51.2 in July, according to the China Federation ... [more]

US Weekly Data: Distillate Stocks Fall, But Further Build In Crude Inventories 01-09-2010

After thirteen consecutive weeks of increases, that took inventories to their highest level in 28 years, US distillate stocks declined by 700 KB last week to 175.2 MB, according to the latest data ... [more]

Chinese steel price ease 31-08-2010

Data from world Steel Dynamics show that after climbing to a 3-month high of $614/t on 20 August, the recent rally in Chinese steel prices was already lost momentum. Chinese wire rod prices have ... [more]

Events

Global Steel 2010

11-02-2010 - 00-00-0000

John Kearsey, SSY’s Head of Research, spoke at February’s Global Steel 2010 conference in India. His paper focussed on the potential effects of record newbuilding deliveries on freight market volatility. ... [more]

World Coaltrans Conference

26-10-2009 - 27-10-2009

SSY’s Head of Research, John Kearsey, spoke at the World Coaltrans conference in London at the end of October. His paper outlined the main factors behind the dramatic rebound in dry bulk freight rates in 2009 and the threats posed to market ... [more]

Charles Lynch to Join SSY

15-07-2009 - 00-00-0000

Simpson, Spence, and Young (SSY) is pleased to announce that Charles Lynch, President of C.M. Lynch and Associates and the members of C.M. Lynch and Associates will be joining Simpson, SSY. Charles Lynch will be assuming the role of ... [more]

Markets

Sale & Purchase

26-08-2010

The Baltic Dry Index is this week hovering around the 2,500 mark and the general impetus on the market continues to be of a restrained nature, very much the scenario we were ... [more]

Dry Cargo

Capesize	27-08-2010
The Cape market experienced a bumpy ride this week as the sentiment and movement in rates continued to change throughout the duration. The ... [more]

Atlantic Panamax	27-08-2010
The Atlantic rates began steady, but there was little activity with a stand-off between charterers and owners becoming evident come the ... [more]

Pacific Panamax	27-08-2010
The Pacific market was relatively quiet at the beginning of the week, with rates becoming softer towards Wednesday. By Friday, owners were ... [more]

Atlantic Handysize	27-08-2010
After the frantic market of last week, with rates improving, this week we have seen the market lose some momentum. The week started very ... [more]

Pacific Handysize	27-08-2010
The week started out with a fair bit of activity and indexes up, but by mid week the sentiment had definitely changed with Indexes coming ... [more]

Tankers

31-08-2010

Russia was due to begin test operations on its new pipeline to China this weekend. The line, a spur off the existing ESPO pipeline that ... [more]

Chemicals

30-08-2010

Americas: The USG/Caribs market continued at a slow rate with low COA volumes, however, some spot business, including vegoil, tallow, ... [more]

Gas

LNG	31-08-2010
The newbuilding “Castillo de Santisteban” (170,000cbm) has been handed over to owners Empresa Naviera Elcano of Spain by Korea’s STX ... [more]