Bloomberg: Libya May Load 330,000 Tons of Crude on Four Tanks This Week
“Four tankers have been booked so far to load 330,000 metric tons of crude oil in Libya this week,…
Bloomberg: Charter Rates Plummet with Least Baltic Ice Since 1720
“Oil tankers may plow through the smallest amount of Baltic Sea ice in almost three centuries this year, speeding…
Fairplay: Offshore Production Faces Fresh Hurdles
“According to Poten & Partners, Brazil’s enormous offshore discoveries could bring the country’s output from 2.2M bpd today to…
Bloomberg: China Rivals Global Leaders for Oil Shipments
“China expanded its share of global crude oil shipments in 2011, with government-owned trader China International United Petroleum &…
Lloyd’s List: China Seeks Stronger Oil Ties with Saudi Arabia
“The world’s largest oil producing company and the world’s second-largest crude oil tanker charterer are expected to sign a…
Lloyd’s List: China’s Oil Imports Ride to 6% in 2011
“China imported 6% more crude oil in 2011 than in 2010, according to preliminary Chinese Customs data. The rise…
Fairplay: Poten Plays Down Sanctions Against Iran
“Poten & Partners predicted that Iran’s fuel oil exports would be affected only minimally, as the US had already…
Fairplay: Suezmax Fixture Rose in 2011
“Then number of VLCC and Suezmax fixtures increased last year from 2010 totals, but the reverse was the case…
Lloyd’s List: European Oil Majors Lose Ground to Asia in Dirty Tanker Charters
“European oil companies have lost market share in the dirty spot-tanker sector as Chevron and charterers from Asia and…
Lloyd’s List: Large Crude Tankers see Fixture Volumes Rise
“Last year saw an increase in reported dirty tanker spot-market fixtures in the very large crude carrier and suezmax…
