AJOT | April 07, 2020 | Air Cargo | Airports | By The Numbers
Cargo flights with a more than 20 percent increase in comparison with the previous year's period – This increase compensates only partially for the decline in belly freight (shipped on passenger aircraft)
Week 14/2020 (March 30 - April 5) Week Δ %*
Passengers 66,151 -95.2%
Cargo (airfreight + airmail) in metric tons 32,904 -25.0%
Aircraft movements 1,545 -85.1%
*Change compared to Week 14 of 2019
AJOT | March 30, 2020 | International Trade | By The Numbers
. In the previous release for January, the Freight TSI was unchanged in January from December. From January 2019 to January 2020, the index fell 1.0% compared to a rise of 5.5% from January 2018 to January 2019 and a rise of 6.0% from January 2017 to January 2018.
AJOT | March 27, 2020 | Energy | Conventional | By The Numbers
With only a week to go before OPEC+ countries start flooding the world’s total oil production with an estimated extra 2.5 million barrels per day (bpd) amid the Covid-19 crisis, building one of the biggest oil supply gluts the world has ever seen, UK operator INEOS has decided to postpone its scheduled maintenance for the North Sea Forties pipeline system (FPS) in a move that Rystad Energy calculates will add several hundred thousands of extra barrels to the market every day.
AJOT | March 23, 2020 | Energy | Conventional | By The Numbers
The effect of the COVID-19 virus on global demand for oil and gas, along with an ongoing price war that has sent oil prices tumbling at an unprecedented rate, are poised to wreak havoc on new project development plans for this year.
AJOT | March 16, 2020 | Energy | Conventional | By The Numbers
Markets for oil, as well as other commodities and equities, have experienced significant volatility and price declines since the final week in February amid concerns over the economic effects of the 2019 novel coronavirus disease (COVID-19).
AJOT | March 13, 2020 | Energy | Conventional | By The Numbers
In the Annual Energy Outlook 2020 (AEO2020) Reference case, the U.S. Energy Information Administration (EIA) projects that delivered energy for air conditioning will increase more than any other end use in residential and commercial buildings (also known as the buildings sector) through 2050, while energy consumption for space heating will decline.
AJOT | March 13, 2020 | Maritime | Bulk | By The Numbers
Overseas Shipholding Group, Inc. (the “Company” or “OSG”), a provider of energy transportation services for crude oil and petroleum products in the U.S. Flag markets, today reported results for the fourth quarter and full year 2019.
Light oil production in the United States is guided to grow by 8.1% year-on-year, according to Rystad Energy’s analysis of the latest shale E&P guidance, despite an expected decrease in capital expenditure, which is estimated to drop by 11% compared to 2019.
AJOT | March 03, 2020 | Energy | Conventional | By The Numbers
U.S. natural gas consumption increased by 3% in 2019, reaching a record of 85.0 billion cubic feet per day (Bcf/d), according to the U.S. Energy Information Administration’s (EIA) recently released Natural Gas Monthly. New natural gas-fired electric capacity and lower natural gas prices led the increase in domestic natural gas consumption.
AJOT | March 02, 2020 | International Trade | By The Numbers
This release provides an annual summary of North American Transborder freight by mode. In the previous release, BTS reported that trucks were the most heavily utilized mode in 2018 for moving goods to and from both Canada and Mexico, carrying 63% of the freight transported. Trucks accounted for $772 billion of the $1.2 trillion in freight flows with Canada and Mexico in 2018. Rail accounted for $179 billion, almost 15%.
AJOT | March 02, 2020 | Air Cargo | General | By The Numbers
At the time of writing, it had become very clear that the first quarter of 2020 (and quite possibly the months beyond) will turn out to be an extraordinary period for the world and for world trade, and thus for air cargo.