Fairplay: PEMEX Stabilises Production
“PEMEX has halted its production slide and is spurring more long-haul tanker business, according to Poten & Partners. In…
Upstream: Gas Energy, Poten Pairing Up on LNG
“Brazilian consultancy Gas Energy has signed a ‘strategic partnership’ with Poten Plural, an arm of global natural gas specialist…
Valor Econômico (Brazil): Gas Energy Partners with Poten Plural
“Gas Energy has partnered with Poten Plural, a joint venture between Plural bank and Poten & Partners, a global…
Reuters: Arb Trades Boost Clean Transatlantic Tanker Rates
“Rates for medium-range (MR) tankers for 37,000 tonne cargoes from Rotterdam to New York were at W117.29, or $4,276…
Bloomberg: Product-Tanker Returns Seen Lower on Curbed Arbitrage by Poten
“Returns for tankers carrying oil products from the U.S. slumped after price gains in the country and Europe limited…
Fairplay: Far Eastern Energy Needs are Stabilising Aframax Rates
“Aframaxes in Asia are still seeing steady earnings, thanks to firm fuel oil demand and draught restrictions. According to…
Fairplay: Return to Shipping Market Balance Predicted
“Balance, that essential factor in athletic performance, will return to shipping markets by the Rio de Janeiro Olympics, BIMCO…
Bloomberg: European Gasoline Gains; Black Sea Gasoil Declines: Oil Products
“European gasoline extended gains to trade at the highest in more than four months. Russia will reduce gas oil…
Bloomberg: Tankers Head for Venezuela After Fire According to Reports
“Five tankers able to hold 190,000 metric tons of cargo were chartered to carry oil products to Venezuela after…
Bloomberg: Tanker Returns Reach Record Low as Demand for Vessels Weakens
“Returns for the largest oil tankers hauling Middle East crude to Asia, the industry’s busiest trade route, reached a…
