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…
Lloyd’s List: Has the VLCC Recovery Arrived?
“‘The recent market improvements have spurred a renewed optimism among shipowners,’ said a recent report from US-based Poten &…
Lloyd’s List: Owners Look to December Loadings as VLCC Rates Surge Grinds to a Halt
“‘The late season spike this year has been more robust than any of the previous three years,’ said US-based…
Business Monitor Online: Government May Stop Subsidising Imports Of Gasoline And Diesel
“The Brazilian government may stop subsidizing imports of gasoline and diesel, which could reduce South American demand for clean…
Tradewinds: Poten to Advise on Centrica’s US LNG Needs
“US-headquartered Poten & Partners has been hired to advise UK energy company Centrica to establish its LNG-shipping strategy for…
Bloomberg: VLCC Artemis Glory Leaves Scotland for Korea With Forties Crude
“A very large crude carrier left the Forties loading terminal Hound Point in Scotland for South Korea yesterday, the…
Tradewinds: Libyan Crude Export Cuts to Boost US Gulf while Hitting Europe
“Deep cuts in Libyan crude exports could boost medium-range (MR) tanker fixtures out of the US Gulf even as…
Tradewinds: $1 Billion Jones Act Tanker Deal Puts US Center Stage
“According to Poten & Partners, US crude production is nearing levels unseen in 22 years because of the rapid…