VLCC Spot Rates: A Rare Bright Spot
Dirty tanker rates are in a well-documented and, for owners, tiring slump that leaves earnings levels well below their…
Policy Changes Could Affect South Korean Tanker Demand
Effective July 1st, South Korea, the fifth largest buyer of crude cargoes in the world, confirmed the elimination of…
Commodity Traders Boost Role As Banking Model Fades
The departure this month of Morgan Stanley’s LNG trading desk to Swiss commodities giant Glencore Xtrata does not signal…
A Crack in the Wall
Over the last decade, China’s consumption of oil has grown more rapidly than any other nation. Its lead has…
Will Turbulence in Financial Markets Impact Tankers?
Marine Money Week made its annual appearance in New York this week, and everyone from owners to brokers to…
Russian Crude Runs and Transportation Optionality Cut Baltic Exports
Russia, an original member of the BRICS group of emerging markets, has experienced renewed post-financial crisis macroeconomic growth, though…
The Sun is Rising in the West: US Exports Steal the Spotlight
In 2008, it was difficult to envision the developments in exploration, production and the resultant impacts on trade that…
Memorial Day Has Come and Gone While US Mogas Demand Has Simply Gone
Memorial Day brought in the unofficial start to Summer 2013 in the United States, a line of demarcation that…
Fingers Crossed For Myanmar-China Pipeline Startup
Gas deliveries from Myanmar to China had been expected to flow for the first time in June or July,…
Will Slow Ordering Provide Foundation for Aframax Rate Recovery?
Dirty tanker rates have extended their period of languishment in a prolonged slump that will be memorable in the…