Oil Traders & Analysts Gain Unprecedented Supply Chain Transparency with Genscape’s New Proprietary North American Waterborne Crude Data

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New report provides insight into the movement of the marginal barrel of oil with Jones Act vessel loadings & waterborne crude imports

"The report provides the most timely import data available, of not just crude oil movements into the U.S., but movements by quality and location, along with movements in Jones Act vessels of U.S. indigenous crudes,” said Dominick Chirichella of EMI.

Amid ongoing market volatility, it is imperative for market participants to have transparency into the global oil supply chain in order to effectively manage risks and opportunities. Using a range of proprietary, patented monitoring technologies, U.S. customs data, and AIS satellite data through the recent acquisition of Vesseltracker, Genscape is now able to report Jones Act vessel movements and waterborne crude imports to provide a more complete picture of the U.S. crude delivery supply chain.

In an effort to shed light on the changing global oil supply chain, Genscape combines its proprietary data and market intelligence to follow the supply lifecycle from forecasted production to transportation on rail, pipeline, and now waterborne vessels, to its delivery at key refineries or storage facilities. This fundamental data removes much of the opacity inherent in a market that otherwise must rely on speculation, estimates, or delayed public data.

“The new North American Waterborne Crude Report strongly complements the pipeline supply and inventory monitoring reports already being produced by Genscape. The report provides the most timely import data available, of not just crude oil movements into the U.S., but movements by quality and location, along with movements in Jones Act vessels of U.S. indigenous crudes,” said Dominick Chirichella of the Energy Management Institute. “This report truly completes the overall supply picture for the U.S.”

The North American Waterborne Crude Report provides a weekly summary of imports, broken down by crude type and delivery port. Genscape’s proprietary monitors capture Jones Act ship loadings, including ship names and volumes carried at key terminals: Alaska, Albany, Corpus Christi/Gulf Coast, Philadelphia, and Yorktown. The report also includes calculated rates and transportation costs, as well as an analysis of the market implications of vessel movements.

“Today’s more integrated ground and waterborne supply chains are accelerating demand for transparency into market fundamentals. We are excited about the addition of this report because it drastically improves our coverage of the entire crude supply chain and allows us to provide the market with valuable insight to fully understand the current state of the market,” said Chris Sternberg, Genscape’s managing director of oil.

A free copy of this week’s North American Waterborne Crude Report is available for download by visiting: [info.genscape.com/waterborne-crude-free-report

About Genscape

Genscape is the leading global provider of real-time data and intelligence for commodity and energy markets, driven to improve market transparency and efficiency. With thousands of patented monitors strategically deployed worldwide, Genscape is unique in its ability to collect and report proprietary market fundamentals in real-time or near real-time. Genscape delivers innovative solutions across a number of asset classes including: Oil, Power, Natural Gas and LNG, Agriculture, Petrochemical and NGLs, Maritime, and Renewables. Genscape clients often gain insight not available elsewhere, improve risk management, or increase operational efficiency. For more information, please visit: http://www.genscape.com

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Jaimie Weiss
Genscape, Inc.
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