Tradewinds: Bunker Sales Decline
“Singapore’s bunker industry saw sales decline by over 10% last month from the record high seen in January…. Its…
Lloyd’s List: Medium Range Tankers Reap Rewards as US Gasoil Exports Rise
“US Exports of gasoil to Europe, the Caribbean and Latin America have risen 38% in a year after US…
Bunkerworld: Tanker Firms Margin Squeezed by Rising Bunker Prices
“The spike in bunker prices has ‘drastically’ eroded the already slim profits experienced by tanker owners and operators, according…
Petroleum Economist: Oil-Indexed LNG Coming Under Pressure in Asia
“Big Asian LNG customers are investigating alternative formulas to existing oil-linked contracts. But a switch to LNG prices based…
Bunker Mentality
As tanker spot-chartering rates have experienced a mild recovery in recent months, equity analysts and industry pundits alike have…
Bloomberg: Shell Says Japan Nuclear Accident to Support Long-Term Global Gas Demand
“Royal Dutch Shell Plc (RDSA), Europe’s largest oil company, said Japan’s nuclear accident will support world natural gas demand…
Managing the Aftershock
Around the globe the aftermath of last Friday’s earthquake off the northern coast of Japan has evoked a profound…
Living the Clean Sheen Dream
In recent weeks clean product tanker markets have experienced a resurgence of sorts on the back of several different…
Reuters: US Clean Oil Product Exports Jumped Thirty Percent
“U.S. exports of clean refined oil products in 2010 were 30 percent higher compared with 2009, U.S. shipbroker Poten…
