Dry bulk: Panamaxes set for firm Q1 on Chinese grains demand

The Atlantic Panamax market is set for a firm start of 2018, on sustained grains demand from China and expected high exports volumes from S America and the US. According to the IGC, 2018 will see global soybeans imports rise by 4% to 153 mil mt, led by the Chinese appetite which is expected to account for more than 60% of the total exports.

New Wolfcamp formation maps

(Thu, 21 Dec 2017) EIA published new structure and thickness maps for the Wolfcamp formation, one of the main oil producing reservoirs of the Permian basin, as well as and an updated map of the major structural and tectonic features of the Permian basin region (see “Permian Basin” section). Shapefiles for these maps are also available at the bottom of the linked page.

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