Ships Awaiting Berth on the Decline

Proshare

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

 


Related News
1.Leadership Change is not a System Change: LBS Executive Breakfast – April 2015
2.Economic Summary & Global Dynamics
3.Commodity Prices down in Q1’15
4.Slowdown in new developments in anticipation of election outcome
5.NSE Defies logic; Records Pre-election surges

Disclaimer/Advice to Readers:
While the website is checked for accuracy, we are not liable for any incorrect information included. The details of this publication should not be construed as an investment advice by the author/analyst or the publishers/Proshare. Proshare Limited, its employees and analysts accept no liability for any loss arising from the use of this information. All opinions on this page/site constitute the authors best estimate judgement as of this date and are subject to change without notice. Investors should see the content of this page as one of the factors to consider in making their investment decision. We recommend that you make enquiries based on your own circumstances and, if necessary, take professional advice before entering into transactions. This article is published with the consent of the author(s) for circulation to the online investment community in accordance with the terms of usage. Further enquiries should be directed to the author whose e-mail is Financial Derivatives Company Limited [E-mail: financialderivatives@fdc-ng.com

READ MORE:
Related News
SCROLL TO TOP