Hellenic Shipping News: Growing LNG Marketplace to Drive Spot Shipping Rates in 2019
08 January 2019
Market participants expect average spot charter rates in 2019 to remain strong but said that exceeding the record…
Trade Winds: Unipec Involved in One of Every Nine Dirty Spot Charters
07 January 2019
Unipec was responsible for almost one in every nine dirty spot charters in 2018 reflecting China’s dominance…
Gulf Times: Us Shale Gas Targets Europe Despite Russian Supply Boom
“There will be an increase” in European imports from the US this year, Jason Feer, head of business intelligence…
Marine Propulsion: Platts’ Starts Assessment of 0.5% Sulphur Marine Fuel Price in Singapore: Us$366.18/tonne
These have been attempts to gauge the impact on the expected premium ahead of the IMO global sulphur cap’s…
WSAU: ExxonMobil Shelves Canada LNG Export Project
Exxon’s decision signaled it is concentrating on LNG projects with Qatar Petroleum and a proposed expansion of its…
Splash 247: Poten Turns Cautious on VLCC Prospects After OPEC Cuts
Tanker brokers Poten & Partners warn in their latest weekly report that VLCC rates for next year could be…
Tanker Operator: Will New Worldscale Include Low Sulfur Fuel?
Similar to last year and for every year since the current Worldscale system was established some 50 years ago,…
Rigzone: WTI Trades Above $54
“There is an expectation that OPEC and Russia will agree to cut output by as much as 1.3 million…
Rigzone: Crude Oil Avoids Massive Sell-off for Week
The January West Texas Intermediate (WTI) contract price lost 52 cents Friday to settle at $50.93 a barrel. The…
Good Potential for Small-Scale LNG but Market Faces ‘Chicken and Egg’ Scenario
The small-scale LNG market is seen as growing market with a lot of potential but also currently stuck in…