Bloomberg: Caribbean Crude to Asia Surges as U.S. Boom Curbs Demand

“Surging U.S. output means Caribbean cargoes that were previously shipped to the US are increasingly being sent to Asia instead, said Poten & Partners, New York-based consulting firm. Spot charters to Asia of very large crude carriers from nations including Mexico, Venezuela and Columbia jumped 48% to  approximately 18-25 cargoes/month since 2010…”