Bloomberg: U.S. Drought Seen Hindering Energy Independence on Ethanol Stall
“The worst U.S. drought in five decades is cutting profits from producing corn-based ethanol for blending in gasoline, hindering…
Fairplay: China to Raise Oil Imports as Economy Stabilises
“China is ready to expand oil imports as economic growth returns, tanker consultancy Poten &Partners has predicted. As the…
Lloyd’s List: Fall in Middle East VLCC Supply will Support New Rate Growth
“A two-week turnaround in the very large crude carrier market has seen time charter equivalent earnings on the Baltic…
Tradewinds: Eyes on Heating Oil
“The US Northeast’s motor gasoline (mogas) shortages after Hurricane Sandy are subsiding but Poten & Partners says products tanker…
Bloomberg: U.S. Northeast Seen Curbing Oil Products Exports After Sandy
“The U.S. Northeast will end net exports of refined fuels while the region rebuilds inventories after superstorm Sandy, according…
Tradewinds: Superstorm Uptick in Products Market Slated to be Short-Lived
“The products-tanker rate spike following Hurricane Sandy is poised to be short-lived as many of the spot deals to…
Fairplay: Taking Stock of Sandy
“Hurricane Sandy lobbed a grenade on to virtually every facet of the US east coast maritime industry at once…
Fairplay: Sandy Powers Product Rate Surge in Atlantic
“Atlantic Basin spot rates for MR product tankers have surged on Hurricane Sandy impact, Dahlman Rose analyst Omar Nokta…
Bloomberg: Tanker-Rate Surge on Sandy Seen by Poten Ending Within Weeks
“Higher costs to ship refined fuels from the U.S. Gulf in the aftermath of superstorm Sandy will subside within…
Bloomberg: Fuel Oil Shipments to Asia Rise to 3 Million Tons for December
“Fuel oil shipments from Western countries scheduled to arrive next month in Asia stood at 3.02 million metric tons,…
