VLCC USGC-China paper trades up for Q1 2020 on US export expectations

The 270,000 mt VLCC USGC-China contract traded for first-quarter 2020 for the first time ever Friday on the Intercontinental Exchange on what shipbrokers said is a combined hedge against IMO 2020 bunker cost rise and elevated US crude export volumes.

USGC distillate exports to Europe at 940,000 mt in Dec to date

S&P Global Platts updated estimate of US Gulf Coast distillate flows to Europe and North Africa for December arrivals is 940,000 mt to date, which compares with a total of 1.04 million mt in November, according to data from cFlow, Platts trade flow softwa

USGC naphtha cargoes head to Asia, but rising freight could hit further moves

Several US Gulf Coast naphtha cargoes are headed to Asia this month due to a more workable arbitrage, ...

ANALYSIS: Weak Atlantic Supramax dry bulk market leads shipowners to USGC

Liquidity in the Atlantic Supramax market has been low in the first three working weeks of January, with key loading areas such as the US Gulf Coast, UK-Continent and...

ATLANTIC HANDYSIZE DRY: USGC rates on hold until more demand materializes

Freight rates in the US Gulf Coast were static Friday, with shipping sources reporting that all...

USGC clean freight rates retreat from last week's 2012 highs

Freight rates for clean product tankers out of the US Gulf Coast are declining steadily after rates shot to 201...