Tradewinds: VLCC Orders Rush set to Continue Despite Sharp Spot Rate Reversal
“This could result in a temporary tight VLCC market as ships may be scrapped before their replacements are delivered,…
International Oil Daily: Oil-Linked LNG Not Going Away, Says Chevron Chief
“Brokerage Poten & Partners calculates that break-even liquefaction costs for new Australian LNG projects are as high as $10…
Bloomberg: RWE Expands LNG to U.S. Gas Trade as Banks Exit Commodities
“Global LNG exports fell 3.5 percent from a year earlier to 316 billion cubic meters in the 12 months…
Fairplay: Senate Weighs US Crude Export Ban
“Tanker market consultancy Poten & Partners noted in a 24 January report that while the Aframax sector has been…
Prairie Pundit: Texas Oil Replaces Saudi Oil in California?
“Kinder Morgan Energy Partners LP, the pipeline operator that’s buying U.S. oil tankers, said it’s in talks to ship…
Bloomberg: Texas Crude Vies with Saudi Arabia for California Shipments
“The vessels are able to cross the Panama Canal, even before the $5.3 billion expansion that will double the…
Pakistan and Gulf Economist: NORTH AMERICAN CRUDE TANKER TRADE TO KEEP ON CHANGING IN TERMS OF FREIGHT FLOWS
“The continuous shifts of crude oil production among the countries of the North American continent will keep on altering…
Business Recorder: Mideast Crude Tanker Rate Rally Fizzles out as Booking
“Although freight rates are falling precipitously, recent volatility suggests that this market may still have a heartbeat, brokerage Poten…
Hydrocarbon Processing: Latin America to Boost US Refined Product Imports as Middle Class Grows
“The anticipated increase in fuel imports by Latin America this year may not mean higher freight rates, said Poten…
Oil Daily: US to See Growth in Fleet of Jones Act Vessels
“Over the next few years, a slew of newbuild tankers and barges will help ease the shortage of vessels…
