Reuters: Iran’s Seaborne Trade Suffers as Sanctions Mount
“Seaborne trade is withering as sanctions are stepped up against the Islamic Republic, freezing bank finance and deterring many…
Lloyd’s List: US Sanctions Leave Room for Manoeuvre
“Washington has been lobbying for international sanctions against Iran for years, and its efforts came to fruition last month….
Bloomberg: Libya Crude Bookings Rise to 1 Million Barrels a Day Next Week
“Nine tankers have been booked so far to load about 1 million barrels a day of crude oil in…
Platts: Aframax Fixtures into Japan up 50% on Higher Oil Demand for Power
“The demand for crude and fuel oil after the devastating March 2011 earthquake and subsequent nuclear outages that hit…
Lloyd’s List: Tankers to Scoop up Canada’s Tar Sands Oil Exports
“Tanker owners will rub their hands in glee at the prospect of opening up a new long-haul trade route….
Fairplay: Keystone XL Veto May Boost Tankers
“The recent veto by President Obama of the proposed construction of the Keystone XL pipeline project from Canada to…
Platts: Major Investment Boom Expected in LNG, Gas Shipping
“A major demand-driven investment boom in LNG is likely toward the end of this decade, estimated at some $263…
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…
