Tradewinds: China Dominates VL Market
“Chinese charterers, unsurprisingly, dominated the VLCC spot market in 2011 with Unipec and Petrochina taking the top two spots….
Fairplay: Static Year for Dirty Fixtures
“VLCCs and Suezmaxes rose slightly, while the Aframax and Panamax sectors dropped moderately. VLCC fixtures totalled 1,922 in 2011,…
Bloomberg: Shell Hired Most Tankers in 2011, Unipec Was Second, Poten Says
“Royal Dutch Shell Plc, Europe’s biggest oil company, was the world’s largest charterer of tankers to haul crude in…
Bunkerworld: Consultancy Considers Impact of Sanctions Against Iran
“Sanctions against Iran by the European Union (EU) would be unlikely to have a major impact on global fuel…
Bunkerworld: 2011 Tanker Market Shows Virtue of Slow Steaming
“The weak freight rate environment in 2011 has seen tanker operators pushing for lower voyage speeds in a bid…
Bloomberg: Libya Says Oil Output Tops One Million Barrels a Day as Industry Recovers
“Libya, holder of Africa’s biggest oil reserves, is now pumping “more than a million” barrels a day as the…
Bloomberg: Libya May Load 420,000 Tons of Crude on Four Tankers This Week
“Four tankers have been booked so far to load 420,000 metric tons of crude oil in Libya this week,…
Tradewinds: PetroBangla Opens Bidding for FSRU
“State-run PetroBangla has invited four pre-qualified parties to submit bids to provide a floating regasification terminal. . . Broker…
Platts: Total, Cheniere Still Eye LNG Deal
“France’s Total is still negotiating with Cheniere Energy to buy LNG from the proposed Sabine Pass LNG export project…
Bunkerworld: Tanker Flat Rate in 2012 to Rise on Higher Bunker Costs
“The higher tanker flat rates issued by the Worldscale Association for 2012 reflects the increase in fuel costs seen…
