Japan’s Top 10 Exports
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- Category: Mercados - Fletes- Cotizaciones
- Published on Thursday, 21 January 2021 06:45
- Written by Administrator2
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worldexports
by Flagpictures.orgJapan shipped $705.8 billion worth of goods around the globe in 2019. That dollar amount reflects a -4.4% decline since 2018 but a 12.9% increase from 2015 to 2019.
Japan’s exported goods totaled $518.3 billion during the first 10 months of 2020. Assuming an annualized $621.9 billion in exports for all 2020, Japan is on track for an estimated -11.9% drop in value for its shipments from 2019 to 2020.
Based on the average exchange rate for 2019, the Japanese yen has appreciated by 9.9% against the US dollar since 2015 and increased by 1.3% from 2018 to 2019. Japan’s stronger local currency since 2015 make exports paid for in weaker US
Japan’s exported goods totaled $518.3 billion during the first 10 months of 2020. Assuming an annualized $621.9 billion in exports for all 2020, Japan is on track for an estimated -11.9% drop in value for its shipments from 2019 to 2020.
Based on the average exchange rate for 2019, the Japanese yen has appreciated by 9.9% against the US dollar since 2015 and increased by 1.3% from 2018 to 2019. Japan’s stronger local currency since 2015 make exports paid for in weaker US
Special Report: UAE emerges as hub for companies helping Venezuela avoid U.S. oil sanctions
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- Published on Saturday, 16 January 2021 09:21
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https://www.reuters.com/article/venezuela-oil-uae-specialreport-
NEW YORK (Reuters) - In June, the United States imposed sanctions on half a dozen oil tankers managed by established shipping firms. It was a major escalation of American attempts to choke off Venezuela’s oil trade.
Satellite image captured by Planet Labs and verified by TankerTrackers.com, shows the Alastayir oil tanker (green, top) in a position to conduct a ship-to-ship transfer of crude with the Afra Royal oil tanker (bottom, red) in the Straits of Malacca, Malaysia October 17, 2020. Planet Labs/via REUTERS
Within weeks, a little-known company based in the United Arab Emirates took over management of several tankers that had been shipping Venezuelan oil. The vessels got new names. And then
Port growth back on the agenda for 2021
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- Published on Friday, 08 January 2021 08:01
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Published by Lydia Woellwarth, Deputy Editor
Dry Bulk, Wednesday, 06 January 2021 11:30
The British Ports Association’s Chief Executive has outlined what the agenda for UK ports will look like during 2021.
The British Ports Association (BPA), which represents 86% of UK port freight activities around the UK, sees the UK’s new trading relationship with the EU bedding in and the mass roll-out of the coronavirus vaccine beginning. However, UK ports might well be looking at a different policy agenda by the end of the year. A sustainable growth agenda and promoting the value of ports and their varied activities will be at the heart of the Association’s work over the next 12 months.
Commenting on the year ahead, the BPA’s Chief Executive, Richard Ballantyne,
Baltic Exchange releases data on freight derivative volume trends in 2020
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- Category: Mercados - Fletes- Cotizaciones
- Published on Friday, 08 January 2021 07:58
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Dry Bulk
Published by Will Owen, Assistant Editor
Dry Bulk, Wednesday, 06 January 2021 14:30
The freight derivatives markets for both tankers and dry cargo vessels saw increased traded volumes in 2020, according to data released by the Baltic Exchange.
Tanker Forward Freight Agreement (FFA) volumes were up 31% on the previous year, reaching 603 261 lots, with a daily record of 33 677 lots achieved on 16 March at a time when Time Charter Equivalent earnings for VLCCs exceeded US$275 000.
Dry FFA volumes hit 1.54 million lots, up 17% on 2019. Options trading in the dry market hit an all-time high, up 37% on the previous year to 318 183.