Morgan Stanley Turns Aussie Bull to Predict Parity

 

Photographer: Sergio Dionisio/Bloomberg

Bulk carriers are loaded with iron ore at the ship loading facility at Fortescue Metals Group Ltd.'s Herb Elliott Port in Port Hedland in Western Australia. Australia’s largest export, iron ore, fell below $100 per metric ton last month for the first time since 2012. Close

Bulk carriers are loaded with iron ore at the ship loading facility at Fortescue Metals... Read More

Photographer: Sergio Dionisio/Bloomberg

Bulk carriers are loaded with iron ore at the ship loading facility at Fortescue Metals Group Ltd.'s Herb Elliott Port in Port Hedland in Western Australia. Australia’s largest export, iron ore, fell below $100 per metric ton last month for the first time since 2012.

 

Morgan

Seguir leyendo

The Trade, Shipping and Finance Wizard

 

http://jacquessimon506.wordpress.com/2013/10/12/yield-vs-profitacre-why-corn-farmers-are-still-winning-in-the-bear-run/

Navigate the commodities markets with Freight and Spreads

Post navigation

Doing a Flush, Laytime and Demurrage under the Beepeevoy 4, eurogas/cbob t/a arb talk

Physical, shipping & contractual aspects of trading are what is driving the show in the energy marine trade. In this article, I will first give explanations about limitations occurring at refined products terminals. Secondly, I will introduce the BPVOY 4 and … Continue reading

 
Posted in Energy marine trade, Shipping Tagged , , , , , , , ,

Seguir leyendo

Maersk Raises Forecast for 2014

Maersk Raises Forecast for 2014

Danish Shipping Company Improves Outlook as It Posts 62% Rise in First-Quarter Net Profit

 A/S Wednesday upgraded its outlook for the full year after a 62% increase in first-quarter net profit, as aggressive cost cutting outweighed falling freight rates at its container business.

The company, which operates the world's largest-capacity container-shipping fleet, raised its forecast of full-year underlying earnings to about $4 billion from an earlier estimate of $3.6 billion.

Maersk Line—the company's biggest unit, which generates about half of the company's revenue—now expects its full-year profit to beat 2013's profit of $1.5 billion.

 

 Maersk expects global demand for sea freight to rise

Seguir leyendo

EIA: U.S. wood pellets doubled in 2013 due to European demand

 

By:
                    US Energy Information Administration       

Wood pellet exports from the United States nearly doubled last year, from 1.6 million short tons (approximately 22 trillion Btu) in 2012 to 3.2 million short tons in 2013. More than 98 percent of these exports were delivered to Europe, and 99 percent originated from ports in the southeastern and lower Mid-Atlantic regions of the country.

Wood pellets are traditionally manufactured from wood waste (including sawdust, shavings, and wood chips) that results from wood processing activities, but they can also be produced from unprocessed harvested wood (generally at a higher cost). Wood pellets are primarily used as a residential heating fuel in the United States, but wood pellets can also be used for commercial heating

Seguir leyendo