Platts: FSRUs Serve as an Entry Solution to LNG Markets for Smaller Scale Imports
“Floating storage and regasification units serve as an entry solution to the LNG market for smaller volumes of LNG…
Wall Street Journal: Buffett’s Lesson for Keystone and Canada
“Canadian oil producers face an even harder battle. Western Canadian Select, or WCS, is a relatively heavy grade of…
Lloyd’s List: US Gulf Product Tankers’ Earnings Dip Below $1,000 Per Day
“This route is also being hit by cargoes coming from Canada, which has become the main supplier of distillates…
Bloomberg: Oil Export Law Forces Jump in Tanker Rates
“Oil tankers that move crude between U.S. ports are reaping windfall profits as domestic production surges and American laws…
Bloomberg: European Gasoline Crack Drops
“European gasoline’s crack, or premium to Brent crude, dropped after reaching a four-month high yesterday on news of the…
Lloyd’s List: Tanker Conundrum as Fixtures Rise but Earnings Fall
“The tanker industry is struggling with poor freight rates and earnings, but all is certainly not doom and gloom…
Lloyd’s List: Suezmax Sale Signals Fresh Low for Tanker Asset Values
“Average earnings for suezmaxes will be $17,000 per day this year, Arctic Securities has forecast. US broker Poten &…
SinoShip News (Beijing): Unipec Becomes World’s Top VLCC Charterer
“According to a report released by Poten & Partners, Unipec has overtaken Shell’s position and become the top spot…
Bloomberg: Crude Oil-Tanker Spot Bookings Seen 5% Higher in 2012
“Spot, or single-voyage, bookings for crude oil-tankers increased by 5 percent in 2012 compared with the previous year, according…
Bloomberg: Gasoline Barges Advance; ICE Gasoil Gains: Oil Products
“Bookings of fuel oil from Western countries to Asia next month rose 4 percent from a week earlier to…
