Lloyd’s List: Rising US Crude Output Cuts Global Tanker Demand
“The tanker market is becoming ever more reliant on Asia to offset the decline in tonne-miles generated from US…
Timing is Everything
In the mid-1970s, the idea of creating a vast reserve of petroleum in the US to buffer the nation…
Tradewinds: Gunvor Buys Antwerp Refinery
“Gunvor has bought a refinery in Antwerp from Petroplus, the Swiss refiner that filed for insolvency in January. The…
Bloomberg: April Fuel Oil Cargoes Booked to Singapore at 2.6 Million Ton
“Fuel-oil cargoes currently poised to arrive in Singapore from outside Asia next month are at 2.6 million metric tons,…
This Voyage is Rated TC14
The refined product imbalance between the United States and Europe is a structural blessing for trading companies and ship…
Lloyd’s List: VLCCs Still in Demand Even as US Looks to Cut Oil Reliance
“The rise in North American production in recent years has even created a glut of oil stored at Cushing,…
How Much Is That Tanker In The Window?
Between the protracted inaccessibility of credit and mixed optimism on recovery in the freight markets, tanker asset prices have…
Asphalt Weekly Monitor
- East Coast retail asphalt markets mostly static – Florida moves higher in some areas.
- Export markets remain strong for wholesale…
Bloomberg: U.S. Refinery Expansion May Spur Demand for Supertanker Cargoes
“The expansion of Motiva Enterprises LLC’s refinery could spur increased demand for supertankers hauling Persian Gulf crude oil westbound,…
MOTIVAting Trade Patterns
For the past year, discussions of the Arabian Gulf to United States VLCC market have been largely focused on…
