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FreightWaves NOW: The Platts-FreightWaves Partnership For Diesel Transparency
Wednesday, January 29, 2020 - 3:56pm | 92Director of Market Intelligence Zach Strickland identifies which markets across the country are experiencing the most de-stabilization in the Carrier Update presented by PowerFleet, SONAR Data Analyst Luke Falasca highlights Reefer opportunities in the Broker Update, and Oil Market Expert &...
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Platts Debuts Parallel IMO 2020 Ship Indices – And Spread Is Huge
Friday, November 1, 2019 - 5:21pm | 1264What will the daily savings be for a ship that has a scrubber installed, given the fuel spread on any particular day? That potentially multi-million-dollar question just got a lot easier to answer. The IMO 2020 regulation, which goes into effect Jan. 1, will require all ships not equipped with...
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Platts Poised To Take On Baltic Exchange In Dry Freight Futures
Friday, October 4, 2019 - 12:27pm | 2308By far the largest, most mature and most liquid freight futures market in the world is for Capesize dry bulkers, vessels with a capacity of around 180,000 deadweight tons. There is over $2.6 billion in open interest in Capesize forward freight agreements (FFAs) and options as of today. When it...
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Chinese Oil Demand Falls For First Time in Three Years
Monday, July 23, 2012 - 2:59pm | 151According to an analysis from Platts, Chinese oil demand fell for the first time in three years in June. Examining recently released Chinese government data, the analysis showed that demand fell by 1.9 percent year over year to 36.84 million metric tons. It was the first contraction in since a 2...
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Profiting From Egyptian Unrest (FRO, TK, OSG, EGPT)
Monday, January 31, 2011 - 9:23am | 424As unrest continues in Egypt, oil companies face the possibility of delays in the Suez Canal. The Suez Canal serves as a critical international trading route and with the turmoil in Egypt showing no signs of desisting, international shippers brace for a possible closing of the Canal. Though the...