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Links to previous press releases are below.

News Oil

OPEC/non-OPEC Coalition Agree on Extension of Production Curbs in 2019

OPEC has agreed to curb output by 800K b/d from levels reached in October, effective as of 1 January 2019. Non-OPEC members of the Vienna coalition would reportedly lower their production by an additional...

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News Coal

South African Coal Exports

South African steam coal exports fell year-on-year by 0.7 Mt to 6.5 Mt in October, according to the latest data from IHS. October exports to India, South Africa’s largest market, fell on an annual basis for the third successive month, dropping 1.0 Mt to 2.0 Mt.

News Coal

US Coking Coal Exports

US coking coal exports totalled 5.8 Mt in October, up 1.2 Mt on the year-ago level, according to the National Mining Association This rise in exports was driven by an increase in shipments to Japan (+0.7 Mt to 1.1 Mt) and the Netherlands (+0.7 Mt to 0.7 Mt).

News Oil

US Weekly Crude Exports Rise to Record Levels

US crude exports during the week ending 30 November rose 761K b/d w-o-w and 1.85M b/d y-o-y to a weekly record of 3.20M b/d, according to the US Energy Information Administration. Exports averaged 2.42M...

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News Coal

Australian Coking Coal Exports

Australian coking coal exports rose by 1.5 Mt year-on-year in October to 15.5 Mt, the Australian Bureau of Statistics reports. Steam coal exports also rose in October, up 2.0 Mt on-the-year to 18.6...

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News Iron Ore

Australian Iron Ore Exports

Australian iron ore exports (wet basis) fell on an annual basis for a fourth consecutive time in October by 2.7 Mt to 71.3 Mt, the Australian Bureau of Statistics reports. However, at 730.6 Mt, exports in January-October were still up by 14.7 Mt on the same period in 2017.

News Coal

Ramaco Resources to Resume Shipments This Week

On 4 December US coking coal exporter Ramaco Resources, which had declared force majeure on Elk Creek coal deliveries since 7 November, announced it would be resuming shipments of its high-vol coking...

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News Steel

US Steel Imports Down

US steel imports totalled 2.3 Mt in November, down 0.2 Mt year-on-year, according to preliminary data from the US Census Bureau. This included declines in shipments from Brazil (-0.2 Mt to 0.2 Mt) and...

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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?"