Premium Archives - Maritime Shipping News

Blue Ammonia Premium Hits Record Lows Amid High USGC Spot Prices

7 October 2022

European market weakens, USGC prices firm
US industrial and fertilizer demand filled: source

The Platts blue ammonia premium inched slightly up from all-time lows on Oct. 5, reaching the second-lowest price on record for the assessment, amid a downtrend in the cost of production for US ammonia despite bullish US Gulf Coast ammonia prices, reports SP Global.

Premium for blue ammonia

The blue ammonia premium considers the difference in costs of production pathways between ammonia with and without...

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Insurers Are Set To Raise The Cost Of Cover After Red Sea Attacks

15 January 2021

Insurers are set to raise the cost of providing cover for merchant ships through the Red Sea after a series of incidents that have hit vessels around Saudi Arabian waters, says an article published in reuters.

Attacks On Commercial Shipping

The possibility of more attacks on commercial shipping carrying oil and commodities through these waterways is growing after the outgoing U.S. administration’s move to designate Yemen’s Iran-aligned Houthi movement as a foreign terrorist organisation.

“We are...

https://mfame.guru/insurers-are-set-to-raise-the-cost-of-cover-after-red-sea-attacks/

Who is Willing To Take the Greater Fall in the Trade War?

1 September 2019

China’s plan to put tariffs on U.S. crude oil shows it is willing to take more economic pain in the trade war than some in the markets have expected.
China’s proposed tax on oil could hurt margins at its own refineries.
The U.S. exports light sweet crude, a grade of oil that is expected to be in greater demand from refiners making lower sulfur shipping fuel, which will be mandated starting early next year for the world’s shipping industry.

According to analyst Merrill Lynch, an analyst for the...

http://mfame.guru/who-is-willing-to-take-the-greater-fall-in-the-trade-war/