Platts: Rise in West African Crude Flow to India to Boost Suezmax Rates
“Freight rates for Suezmaxes are rising due to strong demand for shipping West African grade crude to India and…
Seatrade Global: Texas Tea Party for Suezmaxes and MR Tankers?
“There’s been a flurry of public offerings for shipping companies, and the Private Equity guys are closing in on…
Bloomberg Businessweek: U.S. Law Restricting Foreign Ships Leads to Higher Gas Prices
“When a container ship full of bicycles and sleeper sofas leaves China for the U.S., it would make sense…
Bloomberg: Putin Frees Russian Gas Chilled Amid Permafrost
“Liquefied natural gas from Russia’s Yamal plant, built on pylons driven into northern Siberia’s permafrost, will reach Europe just…
OPIS: Venezuela PDVSA to Reduce Clean Products Exports
“Since the early 2000s, Venezuela’s oil refining operations have deteriorated significantly after a regime change and layoffs of experienced…
Tradewinds: Iranian Fall-Out Positive
“Last week, Poten & Partners suggested the tanker sector should not expect a rush of Iranian crude – or…
Lloyd’s List: How will the Return of the Iranian fleet Affect the Global Tanker Trades?
“However, US-based Poten & Partners said in a market note that the impact of the deal on the shipping…
Platts: No Quick Return for Iran’s Tanker Fleet if Sanctions Lifted
“National Iranian Tanker Corporation’s fleet — approximately 37 VLCCs, 9 Suezmaxes, and 5 Aframaxes — will not make a…
Bloomberg: LNG Traders Compete for Cargoes as Volumes Drop Second Year
“Exports of liquefied natural gas are contracting for a second year, diminishing the number of available cargoes at a…
Wall Street Journal: Oil Futures Drift Lower
“Crude-oil futures drifted lower in Asian trading hours Monday as investors wait for talks over Iran’s nuclear program to…