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Links to previous press releases are below.

News Oil

IOC Signs Annual Deal to Buy US Crude

India’s IOC has signed its first ever annual contract agreement to buy US crude oil, aiming to diversify its purchases amid uncertainties over OPEC supplies, Reuters reports citing statements by the...

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News Oil

South Korean Crude Import by Source Data

South Korea’s crude oil imports in January rose marginally m-o-m to 2.95M b/d, but were still 274K b/d lower y-o-y, preliminary customs data showed. Imports from Saudi Arabia, the country’s top supplier,...

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News Coal,Grain,Iron Ore

Chinese Trade Data in January

Preliminary Chinese trade data for January show imports of coal rose to 33.5 Mt from 10.2 Mt in December, a reflection of import restrictions introduced in mid-November for the remainder of 2018, leading...

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News Oil

China January Crude Import Statistics

China’s crude oil imports in January fell 280K b/d m-o-m to 10.07M b/d, but were still up 463K b/d y-o-y and 798K b/d higher than the monthly average in 2018, customs data showed. Imports stood above...

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News Steel

Mid-February Hot Rolled Band Prices Up

For the first time since February 2018 all four of the hot rolled band (HRB) prices included in World Steel Dynamics SteelBenchmarker increased from their previous reading. World export prices...

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News Coal

South Korean Coking Coal Imports in January

South Korea’s coking coal imports fell 0.4 Mt year-on-year to 1.7 Mt in January, IHS reports. This fall was driven by decreased shipments from Australia which contracted 0.5 Mt to 0.5 Mt. Meanwhile imports from Canada rose by 0.1 Mt to 0.6 Mt, whilst Russian shipments were stable on-the-year.

News Oil

IEA Oil Market Report Highlights

In its January Oil Market Report, the International Energy Agency has kept its forecast for global oil demand growth in 2018 and 2019 largely unchanged at 1.3M b/d and 1.4M b/d respectively, as the...

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News Oil

Saudi Arabia Pledges Deep Production Cuts in March

Saudi Arabia plans to cut its oil production to about 9.8M b/d in March, over 500K b/d lower than a pledged output level of 10.31M b/d under the renewed OPEC/non-OPEC supply curbs, according to statements...

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Event Research & Consultancy

Mjunction Indian Steel Markets Conference

John Kearsey of SSY Consultancy & Research presented an outlook for the dry bulk freight market at this event, held in Kolkata on 7-8 June 2018. He explained the reasons for the rise in ocean...

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Event Research & Consultancy

TXF Natural Resources and Commodity Finance

Speaking at this year's event, held in Amsterdam on 17-18 May 2018, Simpson Spence Young's Head of Research John Kearsey contrasted the uneven recovery in dry bulk freight markets with the continued downswing in the tanker sector.

Event Dry Cargo

Profercy World PKS Forum

Robin Thomas, Business Manager for SSY's Dry Cargo Division, was among the speakers at the conference held in Abu Dhabi on 8-10 May 2018. His paper highlighted the importance of movements in bunker...

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Event Research & Consultancy

Argus Marpol Strategy Summit

Held in Houston on 23-25 April 2018, this event included a presentation by SSY's Vivek Srivastava on "The Scrubber Decision For A VLCC - To Fit or Not To Fit?"