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,…
BusinessWeek: How to Buy a Supertanker
“How to Buy a Supertanker, By Michael Tusiani: Shipping is not for the fainthearted. Those seeking roller-coaster thrills need…
Tradewinds: Expansion and Going Global is Not Key for US Brokers as there is Plenty of Local Business Despite Tough Competition
“Leaders of three top US tanker brokers are unanimous in rejecting the mega-broker model that has evolved in Europe…
Fairplay: VLCCs Get Gulf Spot Rates Boost
As VLCC rates from the Gulf and west Africa have firmed substantially, the relief for owners may last for…
