Bloomberg: Asian Naphtha Demand Boosts Product Tankers, Morgan Stanley Says
“Strengthening naphtha demand from Asian petrochemical plants is boosting charter rates for product tankers hauling the feedstock, Morgan Stanley…
Bloomberg: Rates Rising as Record Chinese Oil Imports Affect Ships
“Record Chinese oil imports are emptying the Atlantic Ocean of very large crude carriers and their 2 million-barrel cargoes,…
BusinessWeek: How to Buy a Supertanker
“How to Buy a Supertanker, By Michael Tusiani: Shipping is not for the fainthearted. Those seeking roller-coaster thrills need…
Tradewinds: Expansion and Going Global is Not Key for US Brokers as there is Plenty of Local Business Despite Tough Competition
“Leaders of three top US tanker brokers are unanimous in rejecting the mega-broker model that has evolved in Europe…
Fairplay: VLCCs Get Gulf Spot Rates Boost
As VLCC rates from the Gulf and west Africa have firmed substantially, the relief for owners may last for…
Lloyd’s List: Iranian Oil Supply Loss Strengthens New Delhi’s ties with Brazil
“India’s spot market crude oil imports have rocketed in the past 10 years as the nation ramps up its…
Bloomberg: Morgan Stanley Ship Hauls Frozen Gas 14,500 Miles to Tokyo
“A liquefied natural gas tanker hired by Morgan Stanley, the bank that ships the most commodities, is hauling a…
Lloyd’s List: Shifting Trade Patterns Bolster Product Tankers in Atlantic Basin
“Profound changes have occurred in Atlantic basin product tanker trades over the last year; changes that most commentators agree…
Lloyd’s List: Busy US Gulf Props up MR Product Tanker Market
“Oil products flowed out of the US Gulf on medium range product tankers this week, creating the busiest global…
Lloyd’s List: Rising US Crude Output Cuts Global Tanker Demand
“The tanker market is becoming ever more reliant on Asia to offset the decline in tonne-miles generated from US…
