Bloomberg: Morgan Stanley Ship Hauls Frozen Gas 14,500 Miles to Tokyo
“A liquefied natural gas tanker hired by Morgan Stanley, the bank that ships the most commodities, is hauling a…
A Springtime Rally
Anyone following the tanker market during the last few years knows that bright spots have been few and far…
Lloyd’s List: Shifting Trade Patterns Bolster Product Tankers in Atlantic Basin
“Profound changes have occurred in Atlantic basin product tanker trades over the last year; changes that most commentators agree…
Lloyd’s List: Busy US Gulf Props up MR Product Tanker Market
“Oil products flowed out of the US Gulf on medium range product tankers this week, creating the busiest global…
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,…
