ClipperData Grains and Oilseeds Data Now Available via Barchart's Platform cmdtyView


 

Know the Cargo™

ClipperData offers the most comprehensive database of waterborne flows – oceangoing, inland, barge, ship-to-ship and floating storage – of all crude oil and products worldwide in real-time. Access the most robust database on global cargoes of crude oil, refined products, and petrochemicals. Providing commodity analytics for commodity trading.

Introducing ClipperData's Newly Enhanced Cargo Tracking Map

Our comprehensive global vessel tracking map now features new updates! Learn more.

Introducing Our China Clean Petroleum Products Weekly and Monthly Reports

Weekly data covering Chinese imports and exports of gasoline, middle distillates and fuel oil — combined with monthly data analysis. Learn more.

Introducing Our Global Feedstock & Olefins Weekly Report

Follow global petrochemical feedstock and olefin movements with comprehensive data and weekly focused commentary. Learn more.

Sustainable Shipping: Your Monthly Guide to Marine Fuels and Environmental Compliance

Get expert analysis covering environmental regulations impacting the shipping industry. Learn more.

Coronavirus and Oil Wars: Impact on Grains

Discover the latest impacts of recent events on global grains and oilseed flows. Learn more.

David Arno, Senior Oil Market Analyst


Olivia Liu, Senior Analyst - Agricultural Markets


MARKET HOLDS ONTO BULLISH GRAIN STORY 10/16/2020 | By Olivia Liu

Winter wheat dryness has intensified, as ongoing dryness across the US High Plains has limited moisture for wheat germination and establishment. This has pushed Kansas and CBOT wheat prices higher, with the US hard red wheat carry-out expected to be at a multiyear low. As the bread basket of Ukraine, the southern region remained short […]

ORIGIN BEAN CRUSH SLOWS AS CHINA GROWS 10/12/2020 | By Olivia Liu

The USDA in October WASDE reduced Argentine old crop production by 700 tmt from Sep while reducing exports and crush, as Argentina loses competitiveness versus the US. Brazil crushers have also started  to feel the shortage of beans, despite previously loading significant meal. Despite the changes from September, the USDA estimates major origin crush to […]

Grains Export Pace Tracker Snapshot 7/16/2020 07/16/2020 | By Olivia Liu

The export tracker provides us a view of where we stand in terms of pace in grains exports. By comparing Clipperdata’s up-to-date tracking of commodity loadings and the USDA estimated crop year exports, it calculates the ratio that has been shipped for the current marketing year, factoring a historical average difference between crop year Clipperdata trackings […]

Global Grain Weekly Report Snapshot – 7/3/2020 07/03/2020 | By Olivia Liu

USDA June Acreage and Stocks Report Summary 07/01/2020 | By Olivia Liu

The USDA June acreage report was particularly bullish for corn. USDA estimated the US corn planted area at 92.0 mln acres, 5.0 below the March estimate and 3.2 below the market average estimate. This translates to approximately 822 mbu less corn production, assuming the June yield estimate and harvest ratio. This would drastically lower the […]

Matt Smith, Director of Commodity Research


Reverse V-Shaped Recovery Boosts Oil Price 06/19/2020 | By Matt Smith

Brent crude prices have more than doubled since the lows of late April, and while part of that is a reflection of the demand-driven recovery we’ve seen on a global basis, it is also the result of global oil producers throttling back on exports. While this recent discipline is to be commended, let us not […]

Chinese Crude Floating Storage Surpasses 50 Million Barrels 06/16/2020 | By Matt Smith

Vessels laden with crude waiting offshore China for more than seven days – which we classify as floating storage – has climbed above 50 million barrels for the first time. As the chart below illustrates, this volume is far beyond what is typical – the average over the first four months of this year was […]

Record Saudi Flows vs Tariff Woes 04/06/2020 | By Matt Smith

I was on CNBC Asia last night, discussing the potential for a synchronized production cut – or the prospects of US oil tariffs – amid rampant Saudi crude loadings in recent weeks. We discussed whether the threat of US tariffs on oil imports were more ‘bark than bite’ – and it does indeed seem that […]

ClipperClip: The Three C’s 02/06/2020 | By Matt Smith

This morning’s appearance on CNBC Squawk Box covered the three c’s of oil – cartels, coronavirus and companies. Hark, click on the below mugshot to launch to the clip:

LPG Weekly 01/27/2020 | By Matt Smith

We last addressed OPEC LPG shipments back in August (see Vol. 5, Issue 33), highlighting how they appeared to be diverging from the OPEC oil production cut deal and increasing instead.

Amir Richani, Geopolitical Analyst


Higher Flows Amid Mexican Refinery Woes 08/31/2020 | By Amir Richani

The Mexican government is falling short on its promises for the energy sector once again. President Andres Manuel Lopez Obrador (AMLO) vowed to considerably increase refinery runs earlier this year, and despite a rebound in April, Mexican crude processing has tumbled to 534,000 bpd in July. Mexico has meanwhile experienced a steady increase in clean product imports, […]

Will China and Australian Relations Boomerang Back? 07/27/2020 | By Amir Richani

The latest developments in international relations between Australia and China could result in a case of “what goes around comes around”, as Australia’s recent finger-wagging could return to haunt it. Australia hopped onto the world stage when it demanded an investigation into China for the spread of the coronavirus, which has crippled the global economy […]

The Latam Corona vs. Economy Dilemma 07/14/2020 | By Amir Richani

Coronavirus was a distant concern for us in Latin America back in February. Higher infection rates in colder weather made the idea of COVID-19 even harder to grasp as a threat. Life continued as normal, and the pandemic felt a world away. To our chagrin, we learned that cold Cuba Libres at the beach would […]

Awaiting the Rebound in Latin American Product Demand 06/26/2020 | By Amir Richani

The number of coronavirus cases in Latin America continues to rise, with more than 1.4 million people infected in Brazil and Mexico. The lockdowns and quarantines of recent months have weighed heavily on clean product demand in these countries – something starkly reflected in their import volumes. As we close out June, Mexican clean product […]

US-China Energy Flows Belie Combative Rhetoric 06/08/2020 | By Amir Richani

Tension between the United States and China has ratcheted up in recent weeks amid increasingly hostile rhetoric. The global spread of the coronavirus has further hurt relations between Beijing and Washington, stoking the possibility of a new trade war amid a global economic slowdown. However, from a flows perspective, all seems to be fine. LPG, […]

Andrew Couper, Oil Markets Analyst


Shipping lines slash May container capacity, extend cuts well into June 05/07/2020 | By Andrew Couper

Container capacity on all major trade lanes has been severely reduced, with the deepest cut planned for Asia – Red Sea at 14%. The world’s most active trade lane has taken a 10% haircut, while Asia – US West Coast has been dialed back 8%. The cuts extend well into June, and in some cases […]

Global Missed Port Calls Rise With Coronavirus 02/24/2020 | By Andrew Couper

Container ship visits to Chinese ports, measured both in number of vessels scheduled to call and their cumulative capacity in twenty-foot-equivalent units (TEU) plunged in late January and early February – largely due to the normal seasonal downturn associated with Chinese New Year being exacerbated by the onset of the coronavirus. At the same time, […]

Container Data Reflect Negative Impact of US-China Trade War 02/12/2020 | By Andrew Couper

The signing of the Phase One trade deal between China and the US is welcomed, as the latest trade flow volumes highlight the negative impact that the trade war has had on container trade between the two countries. Figure 1: Top country to country flows between US and Asia. Bars display the level of TEU […]

Missed port calls by container vessels offer early insight into economic slowdown 02/04/2020 | By Andrew Couper

The effect of the coronavirus outbreak on world trade is yet to become clearly visible in shipping data, but there are already signs of a slowdown. The number of missed port calls – scheduled port visits that are skipped by the vessel – is one way to measure the immediate impact of a slowdown in […]

Brazilian Group II Appetite Grows 01/28/2020 | By Andrew Couper

Exports of Group II base oils from the United States to Brazil grew for the third consecutive year in 2019 as Brazil’s demand for more advanced lubricant formulations continues to grow. US exports of Group II products to Brazil hit a record 274,897 tons in 2019, up from 228,342 tons in 2018 and 123,788 tons […]

Rebecca Salsbury, Oil Market Analyst


FOFT: Japan’s Hokuriku Electric Drastically Reducing Fuel Oil and Crude Burns 02/28/2020 | By Rebecca Salsbury

Reflecting the introduction of liquid natural gas (LNG) for power generation in late 2018, Japanese utility Hokuriku Electric Power Company is expected to cut fuel oil and crude oil consumption by more than 85% in fiscal year of 2019, which runs from April 1, 2019 to March 31, 2020.

FOFT: China’s Hengrunde Petrochemical to Temporarily Stop Selling Residual Fuel Oil 02/28/2020 | By Rebecca Salsbury

After selling all residual fuel oil stock in the beginning of February, China’s independent refinery (teapot) Hengrunde Petrochemical inGuangrao, Shandong paused residual fuel oil sales, waiting for the market to return to normal from the interruption of the coronavirus outbreak.

FOFT: Ningbo Zhongjin Petrochemicals of China Buying High Sulfur SRFO from Spot Market 02/28/2020 | By Rebecca Salsbury

Chinese private-owned Ningbo Zhongjin Petrochemicals has imported straight run fuel oil(SRFO) mainly from spot market since last year. The company had imported about 3 million metric tons of SRFO on both a spot and term basis after its start-up in August 2015.

Beyond 2020: Pyrolysis Fuel Oil Exports From Taiwan’s Formosa Gaining Popularity 06/26/2019 | By Rebecca Salsbury

As the market sped up preparations for 0.5%S bunker fuel ahead of the IMO sulfur cap, Formosa Petrochemical Corporation (FPCC) of Taiwan has started to see demand for its pyrolysis fuel oil (PFO) export.

Beyond 2020 – In the Markets: Eramet Awards Shell One-Year Fuel Oil Supply Contract 06/26/2019 | By Rebecca Salsbury

Following a tender, Paris-based Eramet awarded Shell International Eastern Trading Company a one-year contract to supply 0.7%S and 2%S fuel oil to its subsidiary, New Caledonian nickel producer Société Le Nickel (SLN) starting September 1.

Josh Lowell, Senior Energy Analyst


Shipping Decarbonization in the 2020s: Building Towards a Sustainable Future 03/02/2021 | By Josh Lowell

Emissions from international shipping are a key contributor to global climate change, with the International Maritime Organization (IMO) finding the sector responsible for approximately 2% of global emissions in 2018. Yet unlike the power generation sector, which can point to a host of low-emission technologies that make CO2 mitigation achievable in the short-term, the shipping […]

Global Distillates Report: Corona Non Grata 03/05/2020 | By Josh Lowell

South Korean exports of middle distillate reached 866,000 bpd in February, the third highest volume on our records and substantially above the 818,000 bpd of exports seen in January.

Waiting on an IMO Diesel Spike 02/13/2020 | By Josh Lowell

One of the widely-held expectations concerning the International Maritime Organization’s (IMO) 2020 sulfur cap on marine fuels was that the price of gasoil/diesel would spike in the opening months of 2020, as demand for gasoil in the bunker market would strain existing supplies and push prices higher. Six weeks into the new regulatory regime and […]

Global Distillates Weekly 01/31/2020 | By Josh Lowell

Conventional IMO 2020 wisdom stipulated that gasoil supplies would be strained due to added demand from the bunker market, which would yield strong diesel cracks and high prices. That has not yet happened.

Global Distillate Weekly 01/27/2020 | By Josh Lowell

Stocks of distillate fuel oil on the US Atlantic Coast are at their highest level since the week ending August 16, an odd show of strength for the dead of winter.

Tom Pawlicki, Senior Oil Market Analyst


Finish Strong, Restart Strong 01/06/2021 | By Tom Pawlicki

December’s global LPG trade maintained the market’s recent strength, with global discharges totaling 4.36 million barrels per day – a gain of 2% from November. For the full year, the late-year recovery in offtake helped to counter the weakness in the second quarter, and averaged 4.25mn bpd. That was up 0.7% from 2019. South Asia […]

Price Pullback Stokes Ethylene Buying 11/20/2020 | By Tom Pawlicki

Steadily rising prices of ethylene between mid-April and mid-September caused many buyers to turn to alternative sources, but a recent pullback in the market has rekindled interest. Ethylene offtake this month is currently around 172,825 metric tons, and compares to 253,399 Mt in October. Ethylene prices on the US Gulf Coast rallied more than 225% […]

Coronavirus Mitigation Equipment Demand Bucks South American Annual Downturn in LPG Offtake Trend 11/17/2020 | By Tom Pawlicki

Yesterday, I talked about the usual downturn in LPG offtake at this time of year in South America. There is typically pressure on imports to countries like Chile and Brazil due to less demand for LPG heating fuel. This year, however, there is more demand for coronavirus mitigation equipment that uses LPG feedstock to produce […]

TEMPORARY DOWNTURN 11/13/2020 | By Tom Pawlicki

Most petrochemical crackers are running at relatively high operating rates amid the coronavirus pandemic, as demand for virus mitigation products requiring polyolefins remains high. In the UK, however, operations slowed recently at Navigator’s Teesside and Exxon’s Fife plants, as supplies of natural gas liquids feedstock became limited. There are some signs that feedstock production may […]

Olefin Markets- Soft Patch 10/09/2020 | By Tom Pawlicki

It has been a rocky few months in the olefin markets. Global ethylene exports reached a record high in August of 321,852 metric tons, while propylene approached its high-water mark with 291,941 Mt. September’s discharges were strong relative to historical trends, but ended with a decline versus August’s levels. Part of the decline was caused […]

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Hard Data

In the world of waterborne energy trading, it’s all about the hard data


These days just about anyone can track a tanker on a map. You can do that for free.

Some of us go further, and apply state-of-the-art predictive algorithms to deduce the tanker’s destination and ETA. And depending on the size of the tanker and where it loaded you can guess at the grade of the cargo.

But that’s all based on what is known in the business as soft data. It’s based on interpretation and conjecture. And let’s face it, no matter how ingenious your algorithms may be, their output is going to suffer if you’re feeding them ambiguities and contradictions.


The solution is to apply a hard-data overlay to your soft-data baseline. Hard data comes from the people who load or discharge the tanker, or are otherwise responsible for the molecules onboard. There is no guesswork involved. Hard data is based on hard facts.

In the US, ClipperData receives bills of lading from the US Customs and Border Protection agency in near real-time. We have been receiving export bills since 2014, and import bills going all the way back to 2009. So if a tanker touches US shores, ClipperData can tell you the exact grades and quantities that make up that cargo. Outside the US, ClipperData relies on agent reports and local sources to build our hard-data overlay.


Granularity

In 2018, our algorithms matched hard-data sources to 45 percent of refined products movements and more than 50 percent of crude oil movements worldwide. In some particularly difficult-to-disentangle regions, our hard-data source match rates are above 90 percent.

blue boat

Wondering if that clean cargo from ARA is gasoline or gasoil? If that Iraqi crude cargo is Basrah Heavy or Basrah Light?
Only ClipperData can tell you that.

In 2018 the Russian port of Ust-Luga loaded cargoes of gasoil, jet fuel, naphtha, and gasoline, but one of those grades accounted for 82% of total volume.
Only ClipperData can tell you which one.

In 2018 India decreased its year-on-year imports of one Basrah grade by a few percent, but increased imports of the other grade by over 40%.
Only ClipperData can tell you which is which.

In early 2018 the VLCC Karan loaded offshore Galveston via ship-to-ship transfer from four Aframaxes. If you were relying on soft data, all you knew was that the originating tankers loaded twice from Corpus Christi, once from Beaumont, and once from Freeport. So that’s about 1m bbls of Eagle Ford, 500k bbls of US crude, and 500k bbls of either US or Canadian crude (the Freeport loading was from the Seaway Terminal, which loads Canadian crude as well as US crude).

Thanks to its hard-data sources, ClipperData knew that part of the Eagle Ford loading was actually condensate, and that the rest of the barrels were a combination of Bakken and DJ Common – no Canadian barrels there. We also knew the exact quantities, and the shippers who had combined to build the cargo: Mercuria, Total, Statoil (now Equinor), and Trafigura.

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Trusted by the Top Ten

ClipperData invented this space – previously handled by in-house teams of analysts at the houses that trade energy. With a five-year head start on our competitors, we have spent more time testing, refining and perfecting our craft.

We took a bet on the value of hard data in an ever-complex, ever-changing trading environment, and we locked up the best-of-breed providers of that insight. We use that hard-data overlay every day, to teach our models, to re-examine history, and to override standard assumptions.

All oil supermajors and super merchant traders rely on ClipperData

It’s no coincidence that you don’t see these heavy hitters jumping at the latest new whiz-bang screen being offered at half-price in the marketplace. They know what it takes to do the hard yards on the hard data and grind out results that correlate with reality.  And they know it can’t be done for half the price.

So if you want to see what the big guys are seeing, you need to look at Clipper. Because everything else is just a shiny new toy.

Maps

ClipperData’s best-in-class cargo map tracks real-time vessel movements across the globe.

Users can view a vessel’s status, type and class, AIS position details, and learn its likely destination and ETA. ClipperData customers can also view detailed cargo data, including hard-data breakdowns of grade and volume.

New features include real-time and historical weather patterns, zone entry and exit alerts, emission control areas, and animated voyage replays.

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