Bloomberg: Statoil Books Supertanker to Ship North Sea Crude to South Korea
“Statoil booked a very large crude carrier to haul North Sea oil to South Korea, raising the number of…
Tradewinds: Power 2012 – Top Five Brokers
“Power in the broking world does not only belong to those with the loudest voices, with many talented names…
Bloomberg: Statoil Says Snohvit LNG Shut for Maintenance in May, June
Statoil ASA (STL) said its Snohvit liquefied natural gas export plant in Norway’s Barents Sea has shut down for…
Bloomberg: Argentina’s YPF Seizure Seen Raising LNG Cargo Costs
“Argentina must compete for liquefied natural gas with Asian buyers paying 38 percent more as cancels shipments after the…
Lloyd’s List: Atlantic Basin Refineries Make a Surprise Comeback
“Since Sunoco said it was discussing forming a joint venture to keep its Philadelphia refinery open two weeks ago,…
Bloomberg: Fuel-Oil Shipments to Singapore Rebound in June
“Fuel-oil shipments to Singapore rebounded from May, with 16 tankers carrying 3.38 million metric tons scheduled to arrive in…
Bloomberg: Supertankers Delayed in China as Nation Fills Strategic Reserves
“Delays emptying supertankers at ports in China are spiraling as the world’s biggest energy consumer scours the globe for…
Reuters: LR Clean Tanker Rates Steady, Naphtha Demand Helps
“Tanker rates for refined petroleum products on top export routes were steady on Monday, with firmer Asian naphtha demand…
Bloomberg: Asian Naphtha Demand Boosts Product Tankers, Morgan Stanley Says
“Strengthening naphtha demand from Asian petrochemical plants is boosting charter rates for product tankers hauling the feedstock, Morgan Stanley…
Bloomberg: Rates Rising as Record Chinese Oil Imports Affect Ships
“Record Chinese oil imports are emptying the Atlantic Ocean of very large crude carriers and their 2 million-barrel cargoes,…
