Ships Awaiting Berth on the Decline


Friday, April 10, 2015 9:12 AM / FDC

         Ships awaiting berth declined to 49 in March

         3.9% lower than 51 in February

         31% down in Q1’15 from Q4’14

         Impact of devaluation of the currency

   Customer destocking because of election schedule

Rig Count Down

      Total North America rig count down 42% in Q1’15 from Q4’14

      US rig count down by 17.3% to 1,048 in March

      From 1,267 in February

      Rig count in Canada down to 140 from 330 in February

      Active rigs in Nigeria declined to 17 in February from 18 in January

      April to remain flat due to stable conditions


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