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U S Crude Oil Exports: When Less Is More

Longer sailing distances cushion fall in US crude oil exports Ton mile demand generated by US crude oil exports has fallen by 9.7% in the first two months of 2021 compared with the start of 2020. The fall could however have been much worse; In volume terms, seaborne crude oil exports have fallen by 18.8%, to 20.9m tonnes, a 4.8m tonnes decline compared with last year, according to data from the US Census Bureau. While seaborne crude oil exports to all regions have fallen, those to Asia are among the least affected, down just 1.0%, or equivalent to one Aframax load (101,088 tonnes). As sailing distances to Asia are much longer than those to the rest of the world, the smaller drop in exports to these countries explains why exports have fallen less when measuring seaborne shipping demand in tonne-miles than measured in tonnes.

Saudi arabiaSouth koreaPeter sandUs energy information administrationUs census bureauPhase oneShipping analystMiddle easternInformation administrationசவுதி அரேபியாதெற்கு கொரியாபீட்டர் மணல்எங்களுக்கு மக்கள் தொகை கணக்கெடுப்பு பணியகம்கட்டம் ஒன்றுகப்பல் போக்குவரத்து ஆய்வாளர்நடுத்தர கிழக்கு

BIMCO: Longer sailing distances cushion fall in US crude oil exports | Hellenic Shipping News Worldwide

BIMCO: Longer sailing distances cushion fall in US crude oil exports Tonne mile demand generated by US crude oil exports has fallen by 9.7% in the first two months of 2021 compared with the start of 2020. The fall could however have been much worse; In volume terms, seaborne crude oil exports have fallen by 18.8%, to 20.9m tonnes, a 4.8m tonnes decline compared with last year, according to data from the US Census Bureau. While seaborne crude oil exports to all regions have fallen, those to Asia are among the least affected, down just 1.0%, or equivalent to one Aframax load (101,088 tonnes). As sailing distances to Asia are much longer than those to the rest of the world, the smaller drop in exports to these countries explains why exports have fallen less when measuring seaborne shipping demand in tonne-miles than measured in tonnes.

Saudi arabiaSouth koreaPeter sandUs energy information administrationUs census bureauPhase oneShipping analystMiddle easternInformation administrationChief shippingசவுதி அரேபியாதெற்கு கொரியாபீட்டர் மணல்எங்களுக்கு மக்கள் தொகை கணக்கெடுப்பு பணியகம்கட்டம் ஒன்றுகப்பல் போக்குவரத்து ஆய்வாளர்

Demolition of crude oil tankers: All talk and little walk

Demolition of crude oil tankers: All talk and little walk
offshore-energy.biz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from offshore-energy.biz Daily Mail and Mail on Sunday newspapers.

Peter sandShipping analystSoutheast asiaபீட்டர் மணல்கப்பல் போக்குவரத்து ஆய்வாளர்தென்கிழக்கு ஆசியா

Secondhand Prices Put A Damper On Tanker Demolitions

The year 2021 has been tough on crude oil tanker freight rates across the board so far. Consequently, the industry buzz has…

Peter sandShipping analystSoutheast asiaபீட்டர் மணல்கப்பல் போக்குவரத்து ஆய்வாளர்தென்கிழக்கு ஆசியா

BIMCOs SNOW: From ugly duckling to swan: Europe-bound container spot rates exceed USD 6,000 per FEU

BIMCOs SNOW: From ugly duckling to swan: Europe-bound container spot rates exceed USD 6,000 per FEU As spot container freight rates entered December, they also entered record-braking territory, climbing from USD 3,076 per FEU on the last day of November to USD 4,858 per FEU on first day of December. This was a milestone in its own way. Since then, all stars aligned for a continued climb that has seen spot rates break through the USD 6,000 per FEU mark on 15 December, now quoted at USD 6,102 per FEU (on 16 December) (source: Xeneta). Massive BREXIT frontloading imports and so much more The massive stop-and-go trade in containerised goods throughout the year has caused significant challenges for logistics providers, including the global liner industry. At the start of the year, the COVID-19 pandemic stalled Asian exports, followed by shut-downs throughout Europe and the US as the pandemic spread. The situation could not get much worse as demand for goods evaporated instantly.

Peter sandHans christian andersenFar eastNorth europeShipping analystChief shippingபீட்டர் மணல்ஹான்ஸ் கிறிஸ்துவர் ஆண்டர்சன்இதுவரை கிழக்குவடக்கு யூரோப்கப்பல் போக்குவரத்து ஆய்வாளர்தலைமை கப்பல் போக்குவரத்து