Slowing Fleet Growth Makes a Reappearance
Although the current macroeconomic environment is weighing on both the dirty and clean tanker sectors, the earnings performance of…
British Columbia Frontrunner Cedes Mantle to Rivals
British Columbia Premier Christy Clark predicted during an economic summit held in China this month that the Kitimat LNG…
Oversupplied Suezmaxes Fight for Market Share
Facing rapid fleet growth and limited organic volume from its traditional load regions, Suezmaxes have had to fight for…
Mexican Oil Production Stabilises
Mexico’s state oil monopoly, Pemex, announced today that the company produced 2.550 mbpd of crude oil in August, compared…
Rising Oil Market Uncertainty Surrounds Tanker Market
The recent Oil Market Report (OMR) from the International Energy Agency (IEA) was unremarkable in its lack of revisions…
Tightening European Diesel Market yet to Stimulate MR Demand
A series of refinery outages in the Atlantic Basin and anticipated seasonal maintenance have sharply tightened regional gasoil balances…
Tanker Optimism Must Wait for Macro Improvement
Like tanker company earnings reports, the Poten Weekly Tanker Opinion has made for grim reading in recent weeks, with…
Japan’s Anti-Nuclear Drive Gains Momentum
Despite the restart of two units at Kansai Electric’s Ohi facility last month, prospects for Japan’s other 48 nuclear…
Tanker Earnings and the Value of a Third Special Survey
Miserable dirty tanker earnings and strong marine fuel prices are placing unrelenting pressure on tanker owners. With the dirty…
Brent Premiums Reflect Shifting US Crude Import Patterns
Brent crude’s premium over both Dubai crude and Louisiana Light Sweet (LLS) crude has risen by more than six…