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Olefins and Feedstock Report: Almost Business as Usual
Olefin and feedstock offtake plummeted in February in regions that are being impacted by the coronavirus, such as East Asia (See Vol. 1, Issue 1), but Latin America has nearly been completely spared. Discharges of propylene and naphtha in the region were down slightly in February from January, while LPG offtake increased.
Tags: Asia, coronavirus, feedstock, lpg, Naptha, olefin, petchem, propylene -
Global LNG Report – Daily: Market Analysis
Asian LNG spot prices remain stable, with higher bids heard in the market while demand sentiments still subdued fueled by news of CNPC declaring force majeure. Northeast Asian terminals received 64 vessels, up from 61 last week. Next week’s outlook is for 59 vessels. South Asian received eight vessels, while 15 laden vessels arrived in […]
Tags: Asia, china, coronavirus, force majeure, LNG, Natgas -
American Port Deliveries Move North
West Coast Canadian ports are winning market share of US cargo to and from Asia – driven by congestion and longer dwell times in southern Californian ports, as well as the competitive costs of Canadian terminals and their intermodal operators. Growth at Vancouver and Prince Rupert ports within US imports and exports from Asia is […]
Tags: Asia, cargo, North America, port, railroads, teu, Trade -
Gap grows between Asian head-haul and back haul
Head-haul vs Back-haul – Selected Trades from Asia For all container trade lanes, the head- haul route remains the dominant leg and this is the part of the rotation that the shipping line will plan both ship size and TEU capacity required – at least as best as it is possible to do. This is […]
Tags: Asia, container shipping, containers, Shipping, trade lanes