Asphalt Weekly Monitor
- East Coast racks declined in many areas this week.
- Some East Coast wholesale price ranges declined or narrowed this week.
- Midwest…
Seatrade: Winds of Change
“The future of the tanker market continues to be uncertain as tonnage oversupply takes on Chinese demand . ….
Lloyd’s List: Aframax Owners Hope for Rates Hike in Caribbean
“The Baltic Exchange TD9 route, shipping 70,000 tonne crude cargoes from Puerto La Cruz to Corpus Christi, rose yesterday…
Seatrade Asia Week: Tanker Market Outlook Better than Expected Brokers
“Poten & Partners say the tanker market outlook is better than expected despite the large amount of tonnage set…
Lloyd’s List: US Gulf Disruption to Benefit Tanker Markets
“Increased tanker rates and potential arbitrage opportunities are likely to arise following the Deepwater Horizon oil spill in the…
Reuters: US Gulf Tanker Rates Surge on Oil Spill Risks
“The rate to charter oil and product tankers in the Caribbean and US Gulf Coast region has surged by…
Asphalt Weekly Monitor
- East Coast racks mostly steady – with reports of some lower prices offered in a few areas.
- Midwest wholesale barge…
Tradewinds: VLCC Needs Leave Room for All
“China’s thirst for oil is set to surge in coming years and the question industry players are asking is:…
Lloyd’s List: Jet Fuel Logjam Could Support Clean Freight Rates
“Poten & Partners said unwinding the logjam surrounding delivery of jet fuel to airports in Europe was likely to…
