By the Numbers
Rystad Energy’s daily market comment from our Oil Markets Analyst Louise Dickson
AJOT | June 11, 2021 | Energy | Conventional | By The Numbers
Oil demand is recovering globally, assisted by accelerating vaccination campaigns that help lift lockdowns, and amid a conservative OPEC+ policy prices are rising to new multi-year highs above $70 per barrel, with upside on the horizon.
ZIM announces pricing of secondary offering
AJOT | June 04, 2021 | Maritime | Liner Shipping | By The Numbers
ZIM Integrated Shipping Services Ltd., a global container liner shipping company with over 75 years of experience, announced today the pricing of a secondary offering of 6,975,000 ordinary shares at a price to the public of $40.00 per ordinary share, by certain selling shareholders of the Company.
U.S. energy consumption in 2020 increased for renewables, fell for all other fuels
AJOT | June 04, 2021 | Energy | Conventional | By The Numbers
All sources for U.S. energy consumption totaled 92.9 quadrillion British thermal units (quads) in 2020, a record 7% decrease from 2019. Consumption decreased for all fuels compared with 2019 except renewable energy, which increased by 2%. Petroleum consumption decreased 13%, natural gas decreased 2%, coal decreased 19%, and nuclear electric power decreased 2%.
Rystad Energy’s daily market comment from our Oil Markets Analyst Louise Dickson
AJOT | June 04, 2021 | Energy | Conventional | By The Numbers
The fact that oil prices maintain and even extend a bit their high levels this week is a clear sign that the market considers a $70 plus dollar level sustainable for a barrel of oil.
U.S. average gasoline prices before Memorial Day are the highest since 2014
AJOT | May 28, 2021 | Energy | Conventional | By The Numbers
The average retail price for regular gasoline in the United States on May 24, the Monday before the Memorial Day weekend, was $3.02 per gallon (gal), the highest gasoline price before Memorial Day since 2014, according to our weekly Gasoline and Diesel Fuel Update. The average U.S. gasoline price on May 24 was $1.14/gal higher than a year ago.
Rail Traffic for the Week Ending May 15, 2021
AJOT | May 19, 2021 | Intermodal | Rail | By The Numbers
For this week, total U.S. weekly rail traffic was 533,872 carloads and intermodal units, up 28.3 percent compared with the same week last year.
All-time record volume, strong service levels continue at the Port of Virginia
AJOT | May 19, 2021 | Ports & Terminals | Ports | By The Numbers
Port handles growing volumes including cargo delayed by Suez incident
Ocean rates stay high as retailers struggle to build stock
AJOT | May 19, 2021 | Maritime | Liner Shipping | By The Numbers
With recent news of overwhelming demand causing shipments to be rolled even on newly minted, extremely expensive annual contracts, now’s a good time to take a look at our recent report on how BCOs and freight forwarders are adapting their approach to annual tender negotiations going forward.
February 2021 drop in U.S. ethane demand was largest monthly decline on record
AJOT | May 19, 2021 | Energy | Alternative | By The Numbers
In February 2021, extremely cold winter weather in the Gulf Coast region resulted in outages at most petrochemical plants in the area, causing the largest monthly decline in demand for ethane feedstock on record.
Great Lakes-St. Lawrence Seaway System’s 2021 navigation season starts strong
AJOT | May 18, 2021 | Maritime | Breakbulk News | Ports & Terminals | Canal and Waterway | By The Numbers
Iron ore surges over 2020 tonnage; Seaway-wide tonnage up nearly four percent, tracking 5-year average
Spot volumes drop for first time in 7 weeks
AJOT | May 18, 2021 | Intermodal | Trucking | By The Numbers
May 10 - 16 - With the exception of the flatbed sector, the truckload spot market showed signs of cooling down last week.
ATA Truck Tonnage Index decreased 0.3% in April
AJOT | May 18, 2021 | Intermodal | Trucking | By The Numbers
American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index decreased 0.3% in April after increasing 2.3% in March. In April, the index equaled 114.7 (2015=100) compared with 115.1 in March.
project44 warns blank sailing schedules portend delays well into the summer
AJOT | May 18, 2021 | Maritime | Liner Shipping | By The Numbers
Carriers are canceling sailings well into the summer, indicating that under capacity will remain a headache for the foreseeable future.
DAT Truckload Volume Index slips 5% in April, falling from all-time high in March
AJOT | May 18, 2021 | Intermodal | Trucking | By The Numbers
Truckload freight activity declined last month but April was still the second busiest month on record for shippers, freight brokers and motor carriers, said DAT Freight & Analytics, which operates the industry’s largest online freight marketplace and DAT iQ data analytics service.
NWSA April 2021 volumes up 21.6%
AJOT | May 18, 2021 | Ports & Terminals | Ports | By The Numbers
The Northwest Seaport Alliance handled a total of 301,074 twenty-foot equivalent units(TEUs) in April, growing 21.6% compared to April 2020. Full imports increased 23.9%, while full exports decreased 12%.
Air cargo volumes back to normal, rates still go up, but drop 12% year-on-year
AJOT | May 17, 2021 | Air Cargo | Airlines | By The Numbers
April 2021 may be remembered by some as the month in which at least part of the air cargo figures returned to some kind of normality.
The EV chargers market will reach up to $2.8 bln in 2021
AJOT | May 17, 2021 | Energy | Alternative | By The Numbers
Electric vehicles charging market to grow at around 36% and is projected to reach $2.8 bln by the end of the year. The number of EV sold globally is soaring and the infrastructure tries to keep up
The Port of València moves 479,171 containers in April and sets monthly and year-on-year records
AJOT | May 17, 2021 | Ports & Terminals | Ports | By The Numbers
Container traffic last April was 6% higher than in April 2019 - a year which was not affected by COVID-19 - and 10% higher than in April 2020. In this last April 2021, 7,245,859 tonnes of goods were handled, an increase of 4.1% compared to 2019 and 13% compared to 2020
Port Houston TEUs jump 25% in April
AJOT | May 14, 2021 | Ports & Terminals | Ports | By The Numbers
Activity across Port Houston’s docks jumped again in April, showing robust growth in both containers and steel due to high regional demand.
Fraport Traffic Figures April 2021
AJOT | May 14, 2021 | Air Cargo | Airports | By The Numbers
Frankfurt’s strong cargo growth continues unabated – Passenger traffic at the Group airports worldwide remains well below pre-pandemic levels
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