Whitepaper
Correlation Analysis Between Volume of Shipping Vessels
and Diesel Arbs from the USGC region
9th April 2024
This study examines the correlation between arbitrage margins and the projected quantity of vessel loadings departing and arriving on pertinent critical routes. The data indicates a statistically significant positive correlation between the arbitrage margin from the US Gulf Coast (USGC) to Amsterdam- Rotterdam-Antwerp (ARA) and the number of vessels traversing from the USGC to North West Europe (NWE). A similar statistically significant positive correlation is observed between the arbitrage margin from the US Gulf Coast (USGC) to Barcelona and the number of vessels navigating from the USGC to the Mediterranean (MED).
About the authors
Sam Vu
Senior Data Scientist
Sam Vu is Senior Data Scientist at Sparta. He previously held similar positions at bulge bracket investment banks. Sam holds a Master of Science from Oxford University.
Claudio Bellei
Head of Data Science
Claudio Bellei is Head of Data Science for Sparta. After spending a few years working on nuclear fusion in the US and in Europe under a Marie Curie Fellowship, he left academia to pursue a career in data science. Claudio holds a Ph.D. from Imperial College London.
Miles Moseley
Co-Founder and COO
Miles Moseley is Co-Founder and COO of Sparta. Miles leads daily operations at Sparta. He makes sure ideas are converted into realities. Before Sparta Miles worked and traded for BP.
Get the whitepaper
Please fill out the fields below