China import crude oil tanker freight index

WebOct 8, 2024 · Oil tankers are better positioned for recovery with "more meat on the bone" as demolition was record high, oil prices are rising and bringing more arbitrage trades … WebThe VC-basis freight rates of 14 individual routes express the spot freight rate in China import shipping market. The 14 VC routes cover four major China importing commodities i.e. iron ore, Coal, Grain, Nickel and 3 major ship types i.e. Capesize, Panamax and Supramax. ... CTFI is the abbreviation of China Import Oil Tanker Freight Index that ...

SHIPPING: Global tankers Q4 freight, earnings to rise as demand ...

Web15 hours ago · Russian trade going mainstream. “For now, EU members are still playing a big role in ferrying Russian oil,” Reid I’Anson, senior commodity analyst at Kpler, told … WebFeb 20, 2024 · China is expected to import a record amount of crude oil in 2024 due to increased demand for fuel as people travel more following the dismantling of COVID-19 … siats bite force https://gcpbiz.com

Shanghai Shipping Exchange

WebJun 20, 2024 · The import levels are roughly equivalent to 7% of China’s total crude oil imports. China’s overall crude oil imports rose nearly 12% in May from a low base a year earlier to 10.8 million bpd ... WebSep 26, 2024 · China's index of export container transport fell in the week ending on Sept 23, according to the Shanghai Shipping Exchange. The CCFI tracks spot and … the people magazine australia

Oil Tanker Markets Upended As Trade Routes Shift

Category:Maritime Organisations

Tags:China import crude oil tanker freight index

China import crude oil tanker freight index

China’s Crude Oil Imports Soar To Highest Level In Nearly 3 Years

WebJun 2, 2024 · Tanker. LR2 earnings rose to USD 26,823 dollars per day on 26 March as the Suez Canal blockage sparked fears of reduced available tanker shipping capacity in the key export region in the Arabian Gulf. They have since fallen to USD 12,925 per day on 21 May. The smaller oil-product tankers saw an even smaller increase, with LR1 daily … Web2 days ago · Oil Tanker Markets Upended As Trade Routes Shift. By Tsvetana Paraskova - Apr 11, 2024, 7:00 PM CDT. Since February 5, the average rates for tankers shipping …

China import crude oil tanker freight index

Did you know?

WebIndices Publication Dates in 2024 (2024-12-14) Shanghai Containerized Freight Index based on Settled Rates (SCFIS) Publication Dates in 2024 (2024-12-29) China Import … WebJan 11, 2024 · Platts, part of S&P Global Commodity insights, assessed Clean Arab Gulf-UK Continent 75,000 lumpsum freight at $5,000 Jan. 11, down from $6,600 Nov. 29, but up from $2,000 Jan. 11, 2024, and up from an average of $4,378/mt in the second quarter. Much depends on a looming EU ban on Russian oil product imports and accompanying …

WebChina Import Crude Oil Tanker Freight Index(CTFI) Code of Routes: Trade Routes Description: Tons: Vessel Type: INDEX: TCE: WS/Point: change: USD/day: change: … WebAug 10, 2024 · Shipping costs for mid-size oil tankers from the US Gulf to Europe are near the highest levels since early in the pandemic, due to changes in trade flows amid …

Web14 hours ago · ZPC and Hengli account for 6.5% of China’s refining capacity. Total crude imports for the first quarter stood at 136.6 million tonnes, a 6.7% increase over 127.9 million tonnes in the same ... WebDec 17, 2024 · China Import Crude Oil Tanker Freight Index (CTFI) Publication Dates in 2024 Date:2024-12-17 CTFI is published on a daily basis from Monday to Friday. …

WebA. According to the shipbroker, “in 1Q 2024, global crude oil loadings were down -12.6% y-o-y at 474.8 mln tonnes, the worst quarter in at least a decade.

WebMar 20, 2024 · Shipping rates for supertankers have recently shot up above $100,000 a day as the market for very large crude carriers (VLCC) tightens and Chinese oil demand … the people management businessWebApr 6, 2024 · However, India bought some 400,000 tonnes of Pacific-loading ESPO crude in March, which in turn led China to import 1.56 million tonnes of Urals, a record high … the people marketWebJan 10, 2024 · China's crude imports for December were assessed by Refinitiv Oil Research at 10.93 million barrels per day (bpd), down from 11.42 million bpd in November, but up from October's 10.20 million bpd. the people mapWebWhat does strong shipping market mean for the crude competing to replace Russian flows?S&P Global Commodity Insights reporters George Papageorgiou, Sam Angell, and George Delaney discuss with … siat sefin cndWeb16 rows · Market Product Terms Delivery Last Update Last Price Cur/unit Area Instrument; FREIGHT: CHINA CONTAINER COMPOSITE INDEX: Indice: JAN23: 13 Jan 23 23:00: … siat shenzhen zip codeWeb1 day ago · By Tsvetana Paraskova - Apr 13, 2024, 3:46 AM CDT. China’s crude oil imports hit the highest levels in nearly three years in March, surging by 22.5% year-over-year. China imported 12.3 million ... siat sm35WebApr 13, 2024 · Beijing — China’s crude oil imports in March surged 22.5% from a year earlier to the highest since June 2024, data showed on Thursday, as refiners stepped up runs to capture fuel export demand and in anticipation of a domestic economic recovery. Crude imports in March totalled 52.3 million tonnes, or 12.3 million barrels per day … siat sm35-s