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Sunday, December 15, 2019

Economy

Digital Trade, Cyber Intrusions to Be Part of US-China Phase 2 Trade Talks –...

WASHINGTON (Sputnik) - Varied issues ranging from digital trade to cross border data sharing and cyber intrusions will be addressed by the "phase two" trade agreement negotiations between the United States and China, a...

Weekly Dry Report

13 December 2019 Bulk report – Week 50 Capesize It was one-way traffic for the Capesize market this past week, with all routes giving up value. While downward momentum may have slowed a touch by Friday, the...

Tanker report – Week 50

13 December 2019 VLCC Rates for 270,000mt Middle East Gulf (MEG) to China pushed up, from WS100 at the start of the week, to WS112.5. However, they came under pressure mid-week and have now fallen back...

China and US reach trade deal

President Donald Trump and Chinese officials said they have reached a deal that will not impose additional tariffs on Chinese imports on Dec. 15. Trump said on Twitter it was an “amazing deal.” “We have agreed...

China Ningbo Containerized Freight Index (Europe & Mediterranean routes) rises significantly

The China Ningbo Containerized Freight Index (NCFI) in the Europe & Mediterranean routes rises significantly this week as spring festival cargo pushes up demand for shipment. NCFI, a wind vane of China's busiest port's freight...

Factbox: IMO 2020 – a major shake-up for oil and shipping

Tougher rules on sulphur emissions from ships will come into effect next year in the biggest shake-up for the oil and shipping industries for decades. IMO 2020 From January 2020, United Nations shipping agency the International...
naftogaz

No date yet for next Ukraine-Russia gas talks: RIA cites Naftogaz

No date has been set so far for Russia and Ukraine’s next round of talks to agree on a gas transit deal to replace the one that expires at the end of this year,...

Oil nears three-month high as trade hopes, UK election lift sentiment

Oil rose on Friday to its highest in nearly three months as investors cheered progress in resolving the U.S.-China trade dispute and a decisive general election result in Britain. China’s Vice Finance Minister said the...

China Ningbo Containerized Freight Index (Black Sea route) rises significantly

The China Ningbo Containerized Freight Index (NCFI) reported a significant rise in freight indices in the Black Sea route as spring festival cargo pushes up demand for shipment. NCFI, a wind vane of China's busiest...

India steel: Higher export prices support HRC

Indian hot-rolled coil (HRC) prices increased by 1,500 rupees/t ($21/t) from a week earlier, as steel mills experienced higher prices in export markets. The Argus weekly HRC assessment was at Rs35,500/t ex-Mumbai. Offers by the...