Lighter Lightering?
The prospect of an additional offshore oil import platform in the United States Gulf of Mexico has sparked some…
To Fish or Cut Bait
For anyone monitoring the tanker market, the precipitous drop in VLCC freight rates over the past two to three…
South Africa Poised to Join LNG Import Club
South Africa could soon join Argentina, Brazil and Chile in the southern hemisphere’s import club. The Petroleum, Oil and…
As Demand Withers
Ah! The joys of summertime: barbeques, picnics and best of all – vacations! Traditionally, this time of year sees…
Going for the Gold
The moment of truth has arrived for those market forecasters that have long viewed the Olympics in Beijing as…
Bargain Hunting
Newbuilding asset prices have continued to escalate through 2008 to date and are strikingly above long-term historical averages. Since…
Deconstructing Demand
Although crude oil prices have been over $100 per barrel for several months, worldwide demand has yet to be…
Back Across the Pond
The clean product tanker market has become increasingly complex. New trade routes continue to crop up as traders work…
Riding the Wave
There is no sign of shipowners having the summertime blues as the crude oil shipping bull market continues to…
Dirty Talk
Producers, traders, brokers, buyers, regulators and financiers gathered this June in Houston at Platts 5th annual Bunker & Residual…