Will These Ships Carrying U.S. Commodities Make It to China?
Will These Ships Carrying U.S. Commodities Make It to China?
(Bloomberg) -- A small flotilla of ships carrying cargoes of U.S. commodities worth hundreds of millions of dollars may be headed to China even as the country plans to raise tariffs on some products June 1.
While the goods in transit won’t all be directly affected by the change in tariffs, their movement can be indicative of the state of relations between the two countries or the level of concern that fresh duties will be levied. For example, the flow of U.S. crude shipments to China has dwindled this year even though oil is not subject to tariffs.
For those commodities targeted by duties, ships have been known to change destination or speed up in order to avoid additional costs.
Following is a table of commodity vessels that are under way, scheduled or expected to head for China according to ship tracking data, Kpler, trading sources and ship-broker reports. The data are subject to change and are not exhaustive.
Vessel name | Cargo type | Loading port | Destination | Loading date | Estimated arrival date |
Alsace | Crude oil | Caribbean | Qingdao | 3-Apr | 21-May |
Loaded with U.S. crude at St. Croix and may have picked up Venezuelan oil via ship-to-ship transfer at Aruba | |||||
Maxim | Crude oil | Caribbean | China | 3-May | 27-Jun |
Ship loaded 500k bbls of U.S. crude via ship-to-ship transfer and may head to China (Kpler) | |||||
Richmond Voyager | Crude oil | U.S. Gulf | N/A | 15-May | 7-Jul |
Ship expected to load U.S. crude and head to China (Kpler) | |||||
Scf Shanghai | Crude oil | N/A | N/A | 26-May | 26-Jul |
Ship expected to load U.S. crude and head to China (Kpler) | |||||
Coswisdom Lake | Crude oil | N/A | N/A | 26-May | 26-Jul |
Ship expected to load U.S. crude and head to China (Kpler) | |||||
Svet | Crude oil | N/A | N/A | 8-Jun | 5-Aug |
Ship expected to load U.S. crude and head to China (Kpler) | |||||
C. Innovator | Crude oil | N/A | N/A | 7-Jun | 7-Aug |
Ship expected to load U.S. crude and head to China (Kpler) | |||||
Cosdignity Lake | Crude oil | N/A | N/A | 12-Jun | 18-Aug |
Ship expected to load U.S. crude and head to China (Kpler) | |||||
Karan | Crude oil | N/A | N/A | 13-May | N/A |
Chartered by BP and expected to load U.S. crude for China or S.E. Asia | |||||
Front Page | Crude oil | N/A | N/A | 10-May | N/A |
Chartered by Phillips 66 and expected to load U.S. crude for China or S.E. Asia | |||||
Iberica Knutsen | LNG | Sabine Pass | China or Taiwan | 14-May | |
Genscape says destination is Taizhou, China while IHS and Kpler say it’s Taiwan | |||||
Jia Foison | Corn | Louisiana | N/A | 20-Apr | 13-Jun |
Loaded by LDC | |||||
Nautical Jennifer | Sorghum | Texas | N/A | 24-Apr | 7-Jun |
ADM shipment | |||||
Mynika | Soybeans | Louisiana | Lianyungang | 1-Apr | 16-May |
Loaded by Cargill | |||||
Navios Dolphin | Soybeans | Louisiana | China | 21-Apr | 11-Jun |
Loaded by ADM | |||||
Cape Kasos | Soybeans | Louisiana | N/A | 22-Apr | 12-Jun |
Loaded by LDC | |||||
Eirini P | Soybeans | Louisiana | N/A | 4-May | 13-Jun |
Loaded by CHS | |||||
Blue Bosporus | Soybeans | Louisiana | China | 24-Apr | 16-Jun |
Loaded by CHS | |||||
Xing Chang Hai | Soybeans | Louisiana | N/A | 3-May | 21-Jun |
Loaded by Cargill | |||||
SBI Bolero | Soybeans | Louisiana | N/A | 2-May | 22-Jun |
Loaded by ADM | |||||
Lyric Poet | Soybeans | Louisiana | N/A | 4-May | 22-Jun |
Loaded by ADM | |||||
Golden Empress | Soybeans | Louisiana | Qingdao | 12-May | 28-Jun |
Loaded by ADM | |||||
Sinochart Beijing | Soybeans | Louisiana | N/A | 14-Apr | N/A |
Loaded by Zen-Noh |
--With assistance from Serene Cheong, Dan Murtaugh, Sharon Cho and Kevin Varley.
To contact the reporters on this story: Ann Koh in Singapore at akoh15@bloomberg.net;Alfred Cang in Singapore at acang@bloomberg.net
To contact the editors responsible for this story: Ramsey Al-Rikabi at ralrikabi@bloomberg.net, Ann Koh, Alexander Kwiatkowski
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