Fairplay: Sandy Powers Product Rate Surge in Atlantic
“Atlantic Basin spot rates for MR product tankers have surged on Hurricane Sandy impact, Dahlman Rose analyst Omar Nokta…
Bloomberg: Tanker-Rate Surge on Sandy Seen by Poten Ending Within Weeks
“Higher costs to ship refined fuels from the U.S. Gulf in the aftermath of superstorm Sandy will subside within…
Bloomberg: Fuel Oil Shipments to Asia Rise to 3 Million Tons for December
“Fuel oil shipments from Western countries scheduled to arrive next month in Asia stood at 3.02 million metric tons,…
Ship & Bunker: China’s Teapot Refineries Could Resist Closures
“China has called for the closure of smaller, so-called ‘teapot’ refineries in the country by the end of next…
Bloomberg: Shipping Waiver Seen Helping New York Fuel Supply After Storm
“Suspending restrictions on ships carrying fuel between US ports will help supply the storm- battered Northeast as power outages…
The Wall Street Journal: Officials Take Steps to Ease NE Fuel Supply Crunch
“Government officials took steps Friday to allow more gasoline to be shipped into the storm-plagued Northeast. But experts said…
Hurricane Sandy Reverberates throughout Oil Supply Chain
Hurricane Sandy captured headlines during the past week, and her effects will be felt throughout the Northeastern United States…
Asphalt Weekly Monitor
- Hurricane Sandy slammed into E.Coast early this week, leaving damage along the eastern parts of the US & dumping…
Bunkerworld: Closure of ‘Teapot Refineries’ Could Hit Fuel Oil Demand
“China’s reform of its refining sector could impact fuel oil demand, according to the independent energy consulting and brokerage…
China’s Teapot Refineries Face Regulatory Challenges
China’s independent petroleum refining industry comprises an estimated one-fifth of the nation’s nameplate capacity – or some 2 mbpd….
