Sameer C. Mohindru
Senior editor, shipping 
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September 24, 2020 11:20 UTC 
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The global tanker shipping industry is likely to find a new normal in the medium term, with sales of second-hand ships taking center stage while orders for newbuilds slow down. Meanwhile, existing tanker companies may become bigger as ships change hands, or they may form pools to enable better bargaining with charterers, while shying away from ordering new ships. |
Eric Yep
Senior Editor, ASEAN Content 
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September 24, 2020 06:40 UTC
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The Hin Leong scandal rocked the Singapore trading community earlier this year, topping many earlier bankruptcies in the commodities space in terms of financial losses. As the dust settles, Eric Yep unpicks the company’s path to self-destruction and assesses the fallout. Hin Leong’s bankruptcy filing, on April 17, marked one of the world’s largest collapses of an oil trading firm. The story of the Singaporean company and its founder, Oon Kuin Lim, is inextricably linked with the history of the petroleum trade in Singapore and the Asia-Pacific region. |
Matt Kohlman
Senior managing editor 
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September 23, 2020 14:35 UTC
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Welcome aboard Pandemic Flights, with service today at half that of a year ago. In this emergency event, please place your mask over your mouth and nose, and keep it there for the whole flight. There is no cruising for airlines at this unknown economic altitude, but the crew may just offer today’s meal … as tomorrow’s jet fuel. |
Sebastian Lewis
Content Director, China |
September 23, 2020 07:30 UTC
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Walking down a street right now in Shanghai, one would be forgiven for thinking the pandemic never happened. At times it’s hard even to spot someone wearing a mask. Dig a little deeper, though, and it’s clear that recent events have had a profound impact on the Chinese economy. Foreign investment and exports turbocharged the Chinese economy for nearly two decades after China entered the WTO. But now things have changed. |
Wendy Schallom and Matthew Boyle
S&P Global Platts Analytics 
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September 22, 2020 15:05 UTC
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Despite a long-term trend of coal power plant closures, and dented energy demand more recently due to the coronavirus crisis, upside for coal has been materializing in the US as gas-fired generators reacted to higher prices in the summer months and coal regained some market share lost in 2019. S&P Global Platts Analytics expects coal generation and production to ramp up through the rest of 2020. |
Mark Mozur
S&P Global Platts Analytics
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September 22, 2020 10:04 UTC
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This year may be remembered as a tipping point for the oil and gas industry. In the midst of a global pandemic and economic lockdown that are expected to wipe out over 8 million b/d of oil demand, producers have slashed capital spending to the lowest in 15 years. Crude and condensate output is forecast to fall 7% year on year, dipping below 80 million b/d, and oil prices in late August remained around $20/b below 2019 average levels. |
S&P Global Platts
News editors 
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September 21, 2020 09:24 UTC
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Andrew Critchlow and Simon Thorne
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September 17, 2020 10:09 UTC
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Greg Newman, CEO of London-based proprietary trading house Onyx Capital Group, caught up with S&P Global Platts head of news for EMEA, Andy Critchlow, and global head of generating fuels Simon Thorne to discuss what the future holds for the financialization of energy markets. Prop trading houses have largely replaced the role previously held by banks as market makers on the Platts eWindow communication tool for assessing the tradable value of commodities. Greg Newman is one of the founding partners of Onyx Trading, which started operating in 2016 as an oil derivatives trade house. In this interview with Platts on August 5, Newman shared views on driving factors for oil price in the coming months and the role of different types of trader in the market. |
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Kang Wu and JY Lim
S&P Global Platts Analytics
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September 17, 2020 06:30 UTC
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Global oil demand is set to suffer its largest slump in history this year due to COVID-19. Asia will also see a sharp downturn as oil demand in both China and India, the twin engines of growth in the region, has been slashed following the coronavirus outbreak. The pandemic triggered a collapse in passenger transportation-related oil demand due to the enforcement of lockdowns, starting with China in late January and February and extending to the rest of the world in March and April, as countries around the world tried to mitigate the virus spread. |
Paul Hickin and George Griffiths
Editors, oil and shipping
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September 16, 2020 09:01 UTC
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Container shipping has sailed through the coronavirus pandemic largely unscathed, as ship-sharing alliances and supply curbs to bolster freight rates have helped operators to offset tepid trade demand. These new approaches to manage capacity will help the industry cope with the long-term challenge of overcapacity in the years ahead. |
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