Libya’s Rollercoaster Ride
July 17, 2020
Oil exports have collapsed (again) this year
After several years of relative stability, the oil export situation in…
S&P Global Platts: Dirty tanker markets face reality check after boom busts: Fuel for Thought
15 July 2020
“If oil demand returns quickly, the tanker market will likely be strong once oil inventories have normalized,”…
Mission Impossible?
July 10, 2020
Crude oil pipelines in North America are facing challenges
This week, we have seen a number of setbacks…
LPG in World Markets: Spot TCE earnings go below TC rates
LPG World Markets
July 2020
VLGC freight rates have nosedived in the past two months amid lower export volumes from the…
Upstream Online: US tariff war already increasing costs for US LNG industry
Reuters: Marine fuel market facing tougher third-quarter as supply rises
July 3, 2020
Similarly, spot crude oil tanker fixtures fell 7% in the first half of 2020 compared to year-ago…
TradeWinds: Bahri and Petrobras rise through the ranks as tanker charterers
July 3, 2020
Bahri and Petrobras were chartering more tankers in the first half of 2020 despite an overall slowdown…
Tanker Midterms – 2020
July 2, 2020
Top Reported Dirty Spot Charterers for 1H 2020*
As we have reached the end of the first half…
Upstream Online: Oil closes wild week of trading with modest gains
TradeWinds News: Dry-docking needs for VLGC fleet could help rates, Poten says
July 1, 2020
Requirements to dry-dock around 30% of the trading VLGC fleet over the next 18 months could help…