Bloomberg: Iran Oil Sanctions Boosting Returns for Nordic American
“European sanctions on buying oil from Iran are turning into a windfall for owners of Suezmax tankers, shipping the…
The Wall Street Journal: Natural Gas Glut Pushes Exports
“Energy companies are racing to export natural gas from the U.S. as they search for more-profitable markets amid a…
Slowing Fleet Growth Makes a Reappearance
Although the current macroeconomic environment is weighing on both the dirty and clean tanker sectors, the earnings performance of…
Asphalt Weekly Monitor
- Prices move down in some East Coast retail locations.
- East Coast wholesale asphalt and flux prices hold steady.
- Midwest retail prices…
Business Times (Singapore): More Suezmaxes Hit the Water as Their Fleet Grows
“Owners of tankers holding one million barrels of oil are increasing their share of exports from the Middle East,…
Tradewinds: Suezmaxes Fight for Share
“Suezmax numbers have swollen by nearly 10% so far this year compared to just 1.2% for aframaxes and 8%…
Bloomberg: Suezmax Tankers Seen by Poten Adding Market Share as Fleet Grows
“Owners of tankers holding 1 million barrels of oil are increasing their share of exports from the Middle East,…
Bloomberg: U.S. Beating Russia in Diesel Shipments Boosts Tankers: Freight
“The U.S. is poised to overtake Russia as the world’s biggest exporter of diesel and heating oil for the…
Oversupplied Suezmaxes Fight for Market Share
Facing rapid fleet growth and limited organic volume from its traditional load regions, Suezmaxes have had to fight for…
Asphalt Weekly Monitor
- Prices ease lower in some East Coast retail locations.
- East Coast wholesale asphalt prices mixed for the week.
- East Coast retail…
