Tradewinds: Naptha Fires LR1 Rates
“A surge in Asian demand for naptha is behind a recent rally in long range one (LR1) spot rates,…
Fairplay: LR Rate Surge Explained
“Growing Asian petrochemical production explains why LR2 and LR1 tankers are at 2012 highs, tanker consultancy Poten & Partners…
Bloomberg: U.S. Drought Seen Hindering Energy Independence on Ethanol Stall
“The worst U.S. drought in five decades is cutting profits from producing corn-based ethanol for blending in gasoline, hindering…
Fairplay: China to Raise Oil Imports as Economy Stabilises
“China is ready to expand oil imports as economic growth returns, tanker consultancy Poten &Partners has predicted. As the…
Lloyd’s List: Fall in Middle East VLCC Supply will Support New Rate Growth
“A two-week turnaround in the very large crude carrier market has seen time charter equivalent earnings on the Baltic…
Tradewinds: Eyes on Heating Oil
“The US Northeast’s motor gasoline (mogas) shortages after Hurricane Sandy are subsiding but Poten & Partners says products tanker…
Bloomberg: U.S. Northeast Seen Curbing Oil Products Exports After Sandy
“The U.S. Northeast will end net exports of refined fuels while the region rebuilds inventories after superstorm Sandy, according…
Tradewinds: Superstorm Uptick in Products Market Slated to be Short-Lived
“The products-tanker rate spike following Hurricane Sandy is poised to be short-lived as many of the spot deals to…
Fairplay: Taking Stock of Sandy
“Hurricane Sandy lobbed a grenade on to virtually every facet of the US east coast maritime industry at once…
Fairplay: Sandy Powers Product Rate Surge in Atlantic
“Atlantic Basin spot rates for MR product tankers have surged on Hurricane Sandy impact, Dahlman Rose analyst Omar Nokta…
