Bloomberg: Shippers May Cancel Up To 15% of Vessel Orders on Slow Demand
“Shippers may cancel as much as 15 percent of orders for new vessels and delay taking deliveries to cope…
Tradewinds: Shaping Shipping Through Recession
“As everyone in shipping battles to adapt to the shock of the global financial crisis and the ensuing recession,…
Bloomberg: Ships Moving Fuel Oil East Double as Arbitrage Gives Incentive
“The number of supertankers transporting fuel oil to Asian markets from the Caribbean between March and May has doubled…
Reuters: Oil Tanker Market to Stay in Doldrums in 2009
“A crude oil rally above $60 will not provide much comfort for the oil tanker market as weak global…
Lloyd’s Shipping Economist: VLCC
“Poten calculated that based on the existing split in VLCC trades . . . each 0.5m bpd cut in…
LNG Unlimited: Poten & Partners to Run the Numbers in Lebanon
“US-based Poten & Partners has won the tender to conduct a feasibility study for an LNG import terminal in…
Bloomberg: NW Shelf Finds LNG Cargo Buyers as Japan Demand Slips
“Bloomberg wrote that the “North West Shelf Venture, Australia’s biggest liquefied natural gas producer, has found alternative buyers for…
Oil & Gas Journal: LNG Summit: Supply, Fuel Competition Pose Major Concerns in US
“How US markets will accommodate the impending flood of LNG continues to puzzle industry observers. It was a question…
Fairplay: Tanker Sentiment Turns Ugly
“Poten highlighted the advantage in weak markets of operating in ‘large pools or within larger trading companies’, allowing bulk…
Bloomberg: India Lures LNG Cargoes as Asia, Europe Cut Imports
“Bloomberg reported that “India may rank among the largest markets for spot cargoes of liquefied natural gas this year as…
