Platts: Total, Cheniere Still Eye LNG Deal
“France’s Total is still negotiating with Cheniere Energy to buy LNG from the proposed Sabine Pass LNG export project…
Bunkerworld: Tanker Flat Rate in 2012 to Rise on Higher Bunker Costs
“The higher tanker flat rates issued by the Worldscale Association for 2012 reflects the increase in fuel costs seen…
Platts: New Planned Global VLCC Pool May Not Push Up Freight Levels
“The teaming up of four large shipowners to form a new global VLCC pool has evoked mixed feelings among…
Bloomberg: Mitsui O.S.K, Maersk to Control 12% of Tankers
“Mitsui O.S.K. Lines Ltd., A.P. Moeller-Maersk AS and other shipowners will control about 12 percent of supertankers under their…
Inside Futures: Barchart Morning Call
“Jan crude oil prices this morning are up +88 cents a barrel and Jan gasoline is +6.61 cents per…
Fairplay: VLCC Crude Shipments Face Changes
“Seaborne crude oil trade patterns are being changed by the use of alternative crude sources and falling US demand,…
UPI: Libyan Crude Shipments Increasing
“Total crude oil exports from Libya jumped more than 20 percent compared with last week following tanker reservations by…
Bloomberg: Shell Cargoes Helped to Boost Libyan Crude Exports 21% This Week
“Royal Dutch Shell Plc booked two tankers to load crude oil in Libya this week, helping total exports advance…
Lloyd’s List: China Could Help VLCC Overcapacity by Purchasing all 15-Year-Old Vessels
“Chinese oil companies could help the tanker chartering markets by buying up many of the ageing very large crude…
Bunkerworld: Tanker Operators Urged to Get Creative
“Tanker companies can consider vessel layups, scrapping and company mergers as means to lower operational costs on the back…
