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Complimentary Webcast: Midyear Breakbulk and heavy-Lift Outlook

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Midyear Breakbulk and heavy-Lift Outlook.

August 22, 2019 1 PM CDT/ 2 PM EDT| FREE

What will the second half of 2019 bring for the project and breakbulk logistics sector? The JOC will examine the outlook around two relevant topics: the steel market and the trade landscape in the face of continuing economic and trade agreement uncertainty, and how the market is gearing up for the onset of IMO 2020, now only months away. IMO 2020, the global mandate for ocean shipping to switch from fuel with 3.5 percent sulfur content to 0.5 percent sulfur, comes into force on Jan. 1. Carriers already are cleaning their tanks and testing new fuel blends. The majority of multipurpose/heavy-lift operators has decided that scrubbers don’t make sense for them.

This webcast will discuss what shippers, carriers, and others in the project supply chain can expect in terms of fuel availability, prices, and compliance enforcement on the IMO 2020 side, as well as from steel prices and trade as business uncertainty lingers. Along the way, it will address the following questions:

• How are steel prices and US production adapting in the face of near-constant trade turmoil and slowing global trade?

• While global growth appears to be stabilizing, steel demand continues to look soft, with trade concerns keeping markets on edge. What is the current situation and how are supply chains evolving?

• Will reliable low-sulfur blends be available quickly, or will carriers have to count on more-expensive marine gasoil to get them through the first few months of 2020?

• What will fuel prices look like, near and medium term?


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Kurt Barrow  Vice President, Oil Markets, Midstream and Downstream Insights, IHS MarkitKurt Barrow, vice president, Oil Markets, Midstream and Downstream Insights, is responsible for IHS Markit’s research of crude oil, NGL, refining and petrochemical feedstocks. He also is responsible for joint mobility research offerings with IHS Markit Automotive. Barrow’s expertise includes refining economics, energy policy, and price forecasting. He is actively involved in downstream research overseeing a global team conducting expert-based analysis and analytical modeling of market and industry fundamentals. He has written extensively on the IMO bunker fuel topic and the influence of US tight oil on the downstream sector. Barrow began his career as an engineer at the Exxon Baytown Refinery and holds a B.S. in mechanical engineering from Kansas State University and an MBA from the University of Houston.
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Amanda Eglinton  Principal Economist, Pricing and Purchasing, IHS MarkitAmanda Eglinton is an associate director on the IHS Markit Pricing & Purchasing team covering steel pipe, stainless steel, nickel, and ferroalloys. Eglinton is responsible for tracking market conditions in the steel and ferroalloys markets and producing a quarterly price forecast and supply and demand outlook, with a focus on the oil and gas markets. In addition, she follows the raw material and crude steel markets and participates in IHS consulting projects for oil and gas clients as a steel subject matter expert. Eglinton holds a master’s in applied economics from the University of Houston and a Bachelor of Science degree in finance and economics from Saint Louis University.
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Janet Nodar   Senior Editor, Breakbulk and Heavy Lift, JOC, Maritime & Trade, IHS Markit

Janet Nodar is senior editor for breakbulk, project, and heavy-lift shipping at the JOC. She previously was a reporter and editor for Gulf Shipper, one of four regional weekly publications that were merged into the JOC in 2008, and later for the JOC’s Breakbulk magazine. From 2013-2018, she was content director for Breakbulk Events & Media, including three years with ITE Group, which acquired the Breakbulk business in 2015. She rejoined the JOC in July 2018 and is based in Mobile, Alabama. Nodar holds a master’s in English/creative writing and a bachelor’s in finance from the University of South Alabama.



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