Freight
Overview
Oil, gas and dry cargoes are being shipped all over the world every day. With seaborne transportation comes exposure to shipping costs. Be it via direct cost or through the prices of feedstocks or finished products, a freight factor is always there. Highly sensitive to market shifts, geopolitics and regulations, freight is a complex and volatile part of every trade.
To manage this exposure, industry participants, from producers and traders to government agencies and financial institutions rely on our freight data for contracts, pricing formulas, analytics and arbitrage tracking.
Argus Freight consists of three dedicated services, covering trade flows for tankers, dry bulk and gas markets. Each service provides daily freight indexes, industry-specific news, market analysis and exclusive content. This enables you to connect the dots between commodity prices and shipping costs, giving you a complete view of the supply chain.
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Алексей Шило назначен замминистра транспорта
Алексей Шило назначен замминистра транспорта
Moscow, 25 June (Argus) — Заместитель генерального директора РЖД — начальник Центра фирменного транспортного обслуживания (ЦФТО) Алексей Шило назначен заместителем министра транспорта России. Соответствующее распоряжение правительства подписал 25 июня председатель кабинета министров Михаил Мишустин. Замминистра транспорта Валентин Иванов, ранее курировавший в ведомстве железнодорожную отрасль, отдельным распоряжением повышен до первого заместителя министра. На этой должности Иванов сменит Андрея Костюка, который до этого, в 2018—2021 гг., возглавлял Федеральное дорожное агентство (Росавтодор). Формально — до соответствующего решения совета директоров РЖД — Шило остается топ-менеджером РЖД. В госкомпании пока не назвали преемника Шило. Источники на рынке грузоперевозок предполагают, что на должность может быть назначен начальник Дальневосточной железной дороги Евгений Вейде или руководитель Октябрьской железной дороги Виктор Голомолзин. Шило родился в 1978 г. В 2000 г. окончил Уральский государственный университет путей сообщения по специальностям Организация перевозок и управление на железнодорожном транспорте (2000 г.) и Экономика и управление на предприятии железнодорожного транспорта (2001 г.). Начал карьеру в 2000 г. с должности дежурного станционного поста централизации станции Курья Свердловской железной дороги. С февраля 2015 г. — начальник Департамента управления бизнес-блоком Железнодорожные перевозки и инфраструктура. В феврале 2017 г. возглавил ЦФТО. В декабре 2018 г. назначен также заместителем генерального директора РЖД. Иванов родился в 1979 г. В 2002 г. окончил Санкт-Петербургский государственный университет путей сообщения по специальности Строительство железных дорог, путь и путевое хозяйство, в 2008 г. — Северо-Западную академию государственной службы по специальности Государственное и муниципальное управление. В 2002—2007 гг. работал в Санкт-Петербургском государственном учреждении Дирекция транспортного строительства. С 2007 г. по 2017 г. трудился в структурах Росавтодора. В 2018—2019 гг. возглавлял Комитет транспорта и автомобильных дорог Курской области, а с апреля 2020 г. перешел в федеральное правительство, где отвечал за развитие проектов инфраструктуры и строительства. В начале 2022 г. Иванов был назначен на должность заместителя министра транспорта, где курировал вопросы строительства железнодорожной инфраструктуры и развитие погранпереходов. Егор Двинянин ___________________ Больше ценовой информации и аналитических материалов о рынке транспортировки навалочных, генеральных грузов и контейнеров — в ежемесячном отчете Argus Логистика сухих грузов . Подписаться на аналитический дайджест Вы можете присылать комментарии по адресу или запросить дополнительную информацию feedback@argusmedia.com Copyright © 2024. Группа Argus Media . Все права защищены.
Yemen’s Houthis hit another bulk cargo carrier: Update
Yemen’s Houthis hit another bulk cargo carrier: Update
Adds Houthi spokesperson comments Singapore, 24 June (Argus) — Yemen-based Houthi militants have struck a Greek-owned and operated bulk cargo carrier in a suspected uncrewed aerial system attack on 23 June, said US Central Command (Centcom) today. This marked the Houthi's fourth attack on the Liberian-flagged Transworld Navigator , which reported moderate ship damage but has continued under way. The vessel most recently docked in Malaysia and was headed to Egypt, according to Centcom. The incident happened near Yemen's Al Hudaydah, according to the UK Maritime Trade Operations (UKMTO). The Transworld Navigator is currently in ballast and last discharged about 133,000t of thermal coal in China in late May, according to global trade analytics platform Kpler. The UKMTO later on 23 June received a separate report of a distress call from a vessel near Yemen's Nishtun. The merchant vessel "suffered flooding that cannot be contained", which forced the crew to abandon the ship, said UKMTO. The Houthis took responsibility for the attacks on the two vessels. The Transworld Navigator had been targeted in the Red Sea using "an uncrewed surface boat" which led to a direct hit against the ship, Houthi spokesperson Yahya Saree said on 23 June. The Stolt Sequoia , which Houthis identified as an oil product tanker, was attacked in the Indian Ocean with a number of cruise missiles. The ships belonged to companies that "violated the ban on entering the ports of occupied Palestine", Saree said in a televised speech. The Stolt Sequoia was expected to arrive in Belgium on 9 July to discharge about 36,000t of base oils, according to Kpler. The Iran-backed Houthis began attacking ships in the Red Sea six weeks after the Israel-Hamas war broke out last year in what they claim is an act of solidarity with Palestinians in Gaza. They have stepped up their attacks in recent days, prompting countermeasures by US and UK military forces deployed in the area. The Red Sea is one of the world's most important shipping lanes, serving as a vital trade link between Europe and Asia. The recent spate of attacks prompted the International Chamber of Shipping to last week call for urgent action to stop the Houthis' "unlawful attacks" on commercial shipping in the Red Sea. This came after the sinking of a second bulk carrier , the Greek-owned and operated Tutor , since November last year. Oil prices were mostly steady despite escalating tensions in the Red Sea. The Ice front-month August Brent contract was at $85.15/bl at 03:43 GMT, down by 0.06pc from the previous settlement. The front-month July WTI crude contract was at $80.66/bl, down by 0.09pc. By Tng Yong Li and Bachar Halabi Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.
Yemen’s Houthis hit another bulk cargo carrier: Centcom
Yemen’s Houthis hit another bulk cargo carrier: Centcom
Singapore, 24 June (Argus) — Yemen-based Houthi militants have struck a Greek-owned and operated bulk cargo carrier in a suspected uncrewed aerial system attack on 23 June, said US Central Command (Centcom) today. This marked the Houthi's fourth attack on the Liberian-flagged Transworld Navigator , which reported moderate ship damage but has continued under way. The vessel most recently docked in Malaysia and was headed to Egypt, according to Centcom. The incident happened near Yemen's Al Hudaydah, according to the UK Maritime Trade Operations (UKMTO). The Transworld Navigator is currently in ballast and last discharged about 133,000t of thermal coal in China in late May, according to global trade analytics platform Kpler. The UKMTO later on 23 June received a separate report of a distress call from a vessel near Yemen's Nishtun. The merchant vessel "suffered flooding that cannot be contained", which forced the crew to abandon the ship, said UKMTO. The Houthis took responsibility for the attacks on the two vessels and identified the second vessel as oil product tanker Stolt Sequoia , which Houthis attacked with missiles, according to Yemen's state-run Saba news agency. The tanker was expected to arrive in Belgium on 9 July to discharge about 36,000t of base oils, according to Kpler. The recent spate of attacks prompted the International Chamber of Shipping to last week call for urgent action to stop the Houthis' "unlawful attacks" on commercial shipping in the Red Sea. This came after the sinking of a second bulk carrier , the Greek-owned and operated Tutor , since November last year. Oil prices were mostly steady despite escalating tensions in the Red Sea. The Ice front-month August Brent contract was at $85.15/bl at 03:43 GMT, down by 0.06pc from the previous settlement. The front-month July WTI crude contract was at $80.66/bl, down by 0.09pc. By Tng Yong Li Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.
S Korea’s Hanwha buys US’ Philly Shipyard for $100mn
S Korea’s Hanwha buys US’ Philly Shipyard for $100mn
Singapore, 21 June (Argus) — South Korean conglomerate Hanwha's subsidiaries have signed a contract to buy US-based Philly Shipyard for $100mn, marking Hanwha's entry into the US shipbuilding industry. The deal is expected to be finalised by this year's fourth quarter, subject to regulatory approvals and fulfilment of other conditions, Philly Shipyard said on 20 June. This acquisition will make Hanwha the first South Korean firm to enter the US market, according to Hanwha. Hanwha Ocean plans to diversify its sales by securing overseas production bases. "We will expand beyond the Middle East, southeast Asia and Europe to the US market," said Hanwha Systems chief executive Sung-chul Eoh. Philly Shipyard is a subsidiary of Norwegian industrial investment company Aker, specialising in building commercial ships that operate off the coast of the US mainland in accordance with the US' Jones Act. The Jones Act is a longstanding US law that requires shipments between two US ports to be done on US-flagged, US-built and US-crewed ships. Philadelphia-based Philly Shipyard has built about 50pc of all large Jones Act-compliant commercial vessels, such as tankers and container vessels, in the US since 2000. Rising demand for new vessels, particularly LNG carriers and oil tankers, and limited shipyard capacity have driven investments in shipyards and newbuild vessels. Higher freight because of shifting trade flows, stretched voyage times because of Cape of Good Hope reroutes in response to the Red Sea conflict have also encouraged tanker shipowners to increase their orders for new builds. Argus-assessed freight rates for 75,000t Long Range 2 shipments from the Mideast Gulf to Japan year-to-date average rose to $54.64/t on 20 June compared with an average of $40.29/t in 2023. Expectations of rising tanker demand, a limited order book until recently and an ageing tanker fleet further encouraged shipowners to renew their fleet, a market participant said. Around 18pc of the world tanker capacity is likely to be over 19 years old by 2025, according to shipbroker Braemar. Crude tanker demand in 2024 will increase by 6.5-7.5pc compared with a 5.5pc increase in 2023, shipping association Bimco forecasts. By Sean Zhuang Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.
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