Energy Compass: Market Forces: Chinese Grip on Shipping
“In its drive to supply China with crude oil, state Sinopec’s trading arm Unipec has rapidly grown to become…
Asphalt Weekly Monitor
- East Coast demand is strengthening, when weather allows: retail prices move higher in some areas to start May –…
Business Day: Continued Dip in US Imports of Nigerian Crude Threatens Suezmax Tankers
“According to data from Poten & Partners, the average daily tanker rate for Suezmaxes sailing from West Africa to…
Platts: US Explorer Noble Plans Two New Wells Offshore Cyprus
“Cyprus hopes to eventually build at least three 5-million-mt/year (233.5 Bcf/yr or 6.61 Bcm/yr of gas) liquefaction trains at…
Hellenic Shipping News: US Guld – UK Continent Demand not Contributing to Product Tanker Rates that Much
“Product tanker freight rates have been – for the large part – a positive market for tanker owners, mainly…
Marinelink: Thinking Outside the MR Tankership Rate Triangle
“Although US refined products exports largely underpin medium-range (MR) product tanker demand in the Atlantic Basin, there is little…
Asphalt Weekly Monitor
- Easter Holiday closes many US markets on Friday–Monday is a Holiday in Canada
- East Coast demand is picking up, as…
Tradewinds: Gunvor Numbers Inch Up
“Last year Clearlake was the eighth largest spot charterer of dirty tankers, according to figures compiled by Poten &…
Hellenic Shipping News Worldwide: LPG Shipping on a Rally Mode
“According to its latest report, Poten & Partners noted that ‘while the large crude oil tankers slip into what…
Fairplay: VLGCs on a Roll Amid High Orderbook
“Owners of very large gas carriers may be enjoying record-high earnings but they should be wary of the growing…