Session Details
Supply Chain & Logistics
Global freight costs and on time logistics continue to be key factors for global buyers and sellers. In addition to shipping product across oceans, regional shipping logistics have become a limiting factor on production and exports for North America and imports into Western Europe and Latin America. This program will discuss challenges and opportunities across all mediums of logistics including trucking, rail car movement, container availability, and ocean carrier shipping.
From crude oil and natural gas to NGLs, olefins, and olefin derivatives, North America exercises raw material cost advantage to feed the global appetite for petrochemicals through exports. Substantial propane export volume has boosted downstream investment, creating excess propylene and derivatives capacity. How will the investments in production capacity and export logistics infrastructure affect market dynamics in this decade? This speech will address the outlook for how capacity and North American exports will steer market dynamics. Additionally, we will discuss the interconnections between olefins, its feedstocks and derivatives, and how export logistics are projected to impact margins.
The Covid-19 trade flow disruption was unprecedented. Global spot freight rates skyrocketed from east to west in 2021, isolating Europe and the Americas and creating an oversupply in Asia and undersupply in Europe and the Americas. With spot freight rates back to near pre-Covid levels, oversupply for many resins is a prevailing topic in the market. Will trade flows return to normal with low cost regions forcing higher cost regions to shut down? Will supply chains allow major North American export increases? How much resin can be forced into West Europe and South America?
The chlor-alkali process that produces caustic soda has three primary inputs: salt, water, and electricity. Electricity is the largest chlor-alkali cash cost. Therefore, inter-regional caustic soda trade is analogous to shipping electricity in liquid form. This presentation will explore how caustic soda trade patterns have shifted in response to recent electricity cost trends and volatility in global energy markets, and how relative regional energy costs are affecting logistics infrastructure needs.
Speakers:
Ty C. Reasonover, Senior Manager Trade Development, Port Houston
Byron Miller, Chief Commerical Officer, South Carolina Ports Authority
Tom Paeshuys, International Representative for North America, The Port of Antwerp-Bruges
Global polymer trade is expected to reach record levels, led by North American expansions based on competitive ethane and low natural gas prices. Can global terminals handle increased flows to the east? Increasing Chinese exports of some commodities exports, including polypropylene, could also shake up regional trade dynamics. Can Europe and South America handle increased volume coming from low cost regions like the Middle East and North America? This panel will provide a global perspective from major terminals and explore outbound and inbound terminal freight handling logistics, including existing bottlenecks and what must be done to facilitate increased trade flow.
Over the last 5 years PE production in the US has skyrocketed. PE exports out of the US have followed a similar path. Logistics service providers (packagers) have had to adapt to handling much higher volumes, more rail cars, more trucks, quicker turn times, higher inventories etc. What does the future hold for them? A logistics service providers perspective.
Speakers:
Nicklas Smith, CEO & Shipbroker, NETCO
Michael P. Loeffel, Founding Partner, Lighthouse Chartering LLC.
Dan Withers, Director Business Development, Advario
In recent years, the trade war, COVID-19, deglobalization, geopolitical conflict, and recession have turned freight markets upside down and deoptimized traditional trade flows and transportation lanes. Traffic patterns have changed dramatically, and vessels have become more difficult to source at the right place, at the right time, and the right price. Hear from experts on the “new normal” for bulk liquid chemical transportation and where we go from here.
Nick Kovics
Vice President, Global Chlor-Alkali Service Chemical Market Analytics by OPIS
Read BioMichael P. Loeffel
Founding Partner Lighthouse Chartering LLC
Read BioLeonardo Mancilla
Director, Latin America Polyolefin Chemical Market Analytics by OPIS
Read BioByron Miller
Chief Commercial Officer South Carolina Ports Authority
Read BioJoel Morales
Vice President, Global Plastics & Polymers | North America Polyethylene & Polypropylene Chemical Market Analytics by OPIS
Read BioJames Nicholson
Executive Director, America Benzene, Pygas & Reformate Chemical Market Analytics by OPIS
Read BioTom Paeshuys
International Representative for North America The Port of Antwerp-Bruges
Read BioTy C. Reasonover
Senior Manager, Trade Development Port Houston
Read BioNicklas Smith
Shipbroker/CEO NETCO
Read BioFrank Vingerhoets
President Katoen Natie
Read BioDan Withers
Director Business Development Advario
Read Bio