Commodity Firms Assessing a New Global Market Place in 2015, Traders – Secrets and Commodities Part IV

 Foreword by Simon Jacques Commodity trading might be defined as shifting the commodities from surplus regions to deficit regions or matching the production with a sale in a deferred time-frame – and hopefully making a profit in the process. Lately, we have … Continue reading

An Apple-to-Apple Basis Comparison, One Jones Act unit vs One Foreign Flag Vessel Unit. $/bbl What the Heritage Foundation got wrong about the Jones Act !

An Apple-to-Apple Basis Comparison: One Jones Act unit vs One Foreign Flag Vessel Unit. $/bbl What the Heritage Foundation got wrong about the Jones Act. The Merchant Marine Act of 1920 (P.L. 66-261), also known as the Jones Act1 (JA) requires all vessels shipping cargo … Continue reading

Bloomberg News: Canada Gas Project Delay Highlights Oil Plunge’s Wider Risk

Petronas Defers $32 Billion Canada LNG Project Decision on Costs Russia-China Gas Accord to Pressure LNG in Canada Canada Gas Project Delay Highlights Oil Plunge’s Wider Risk. Credit: Goh Seng Chong/Bloomberg End of Cycle “We are at the end of a … Continue reading

Trying to catch the Falling Knife; not Commodity Risk Management

Trying to catch the Falling Knife; not Commodity Risk Management A knife is a slang  for a asset in which the current price or value has dropped significantly in a short period of time. [1] A falling knife asset can rebound, … Continue reading

Ethanol, a Misunderstood and Underused Green fuel.

Originally posted on Blue and Gold Merchants' Club :
The Trade, Shipping and Finance Wizard:Corn-ethanol is the world’s lowest cost liquid transportation fuel. China is importing U.S ethanol so are oil producing countries like UAE, Saudi Arabia. The Energy Complex sees Ethanol as favorable because it is cheap by … Continue reading

Lumber: arbitrage opportunities from a volatile basis.

Originally posted on Blue and Gold Merchants' Club :
Pendant la dernière décennie, le marché du bois fût très volatile. En effet, ce marché est très cyclique et étroitement lié au marché de la construction, au marché du logement (Housing Starts)…

Agriculture: Soybean is the Black Beast for Poultry Farming

Originally posted on Blue and Gold Merchants' Club :
The Trade, Shipping and Finance Wizard:Foreword by Simon Jacques Anyone wanting soybean meal found it in very short supply during October. The basis has soared in most regions during the crop season. The harvest was slow and not without logistical issues in … Continue reading

Precious Metals: China is the Heavyweight Gold Champion 千錘百煉

Originally posted on Blue and Gold Merchants' Club :
The Trade, Shipping and Finance Wizard:China is  the world’s top producer of gold (437 MT in 2013) They are the largest gold importer and consumer in the World. They imported a record 1,108 MT in 2013 and consume half of the … Continue reading

Le Sucre, un prix à la baisse malgré la baisse des récoltes ?

Le sucre est un produit agricole majeur échangé internationalement. L’accessibilité au  produit est relativement simple, il y a en effet plus de 100 pays capables de produire leur propre sucre. Aujourd’hui, la demande pour le sucre est très grande non … Continue reading

A knowledge based shipping industry. The Nor-Way; Insights from BI Norwegian Business School.

A knowledge based shipping industry. The Nor-Way; Insights from BI Norwegian Business School.

It is the combination of formal and tacit knowledge that produce excellent results in the shipping industry claims Professor Torger Reve, BI Norwegian Business School. TEMA: STRATEGY IN ACTION A knowledge based shipping industry Economist Torger Reve is a Professor at … Continue reading

How a new tax can attract Shipping ? CH to consolidate its status in the Global Commodity Trading Markets.

How a new tax can attract Shipping ? CH to consolidate its status in the Global Commodity Trading Markets.

Amongst all Swiss cantons, Zug, Vaud and Geneva are  the most eager to hear the proposals from Berne to reform the corporate tax. This project responds to international pressure and will lead to the abolition of favorable tax status that Swiss … Continue reading

The NOR Way of doing business: Odfjell

The NOR Way of doing business: Odfjell. Tradewinds + (TW +) September is featuring Dan and Laurence Odfjell who are the fourth generation at the helm of the group.  Odfjell Tankers is a leading global provider of ocean transportation with … Continue reading

Tradewinds, Jacques and Los on “the Canadian Shipping Pipeline” to the U.S Gulf

  Genmar Daphne Steaming up the Houston Ship Channel with assistance from tugboats. The 106,000 tons DWT crude oil tanker owned by General Maritime. Credit: Roy Luck Cost Estimates:   Commodity $/bbl: ECC/Europe aframax  Montreal/Gdańsk, Poland Round-Voyage estimate $3/bbl². ECC/US: … Continue reading

The Snøhvit Play in the U.S North-East.

LNG Trading & Shipping: The Snøhvit Play in the U.S North-East. The Arctic Princess is owned by Höegh LNG and is chartered by Statoil, Amerada Hess, and RWE under a joint agreement. Its cargo intake is 145057 cbm. It’s origin: Snøhvit, Norway. (Statoil) Repsol has … Continue reading

JET Fuel: NY Harbor vs USGC vs Canada. How the phys work alongside shipping and spreads ?

JET Fuel: NY Harbor vs USGC vs Canada. How the phys work alongside shipping and spreads ?

JET Fuel: NY Harbor vs USGC vs Canada. How the phys work alongside shipping and spreads ? How the physical markets work alongside shipping and spreads in the Jet Fuel Market ?   US Energy Information Administration data released September 30 … Continue reading

Canada could beat Russia in its own backyard, a Synthetic Ural “made in Canada” for Europe

Canada could beat Russia in its own backyard, a Synthetic Ural “made in Canada” for Europe

Montreal, for Eastern-Canada, will become an outpost for oil trading just like Calgary or Houston in the U.S. The imposing Minerva Gloria. Source: Tradewinds With Enbridge, Rail and Trans-Canada = you create new volume which is great for traders. The St-Lawrence River … Continue reading

Greeks letters in Shipping, the role of the finance specialist for asset pricing Part II

The Role of the Finance Specialist for Shipping Asset Pricing Part II: Greeks letters in Shipping Greeks Θ Δ ϒ letters in Shipping To paraphrase the Greeks (but this time the Greeks in Finance), let’s take the MT Sirius Voyager  (156,500 DWT, 1994 built) … Continue reading

The role of the finance specialist for asset pricing in Shipping Part I

 The changing landscape in the wet freight trade is also remodelling the tanker fleet pricing. It is basically the role of the finance specialist to convert implied daily hires rates into asset prices considering the new expectations and new information elements printed by the … Continue reading

What is next for September ? Energy & Freighters

ENERGY_SKIER

This gallery contains 7 photos.

The best call that I have seen in the entire markets this year was from Commodore Research. The daily average rate to hire a Capesize, each able to carry about 160,000 metric tons of cargo, climbed 93 percent this month … Continue reading

Call of the Month: Commodore Research & Consultancy

During August,  the 66% lift in the Capesize marketwas preceded by a market call made by Jeffrey Landsberg and his team at Commodore.     The New York based consultancy that focuses on the global demand, supply, and seaborne trade of … Continue reading

Ebola and its effect on shipping contracts. Calling or not calling at African ports.

Calling or not calling at African ports. The Ebola outbreak in Africa is critical for Aluminium companies. These companies operate key assets all along the African Atlantic coast. Rusal is also dealing with supply problems with the ongoing turmoil in Ukraine. … Continue reading

Cargill hands in the Cape Market

As Trader Cargill was expanding out of the Midwest, it was clear that the freight factor would become more paramount than ever. In the world markets, where competition is fierce, freight rates are a decisive factor. As Cargill was trying … Continue reading