Platts: New Planned Global VLCC Pool May Not Push Up Freight Levels
“The teaming up of four large shipowners to form a new global VLCC pool has evoked mixed feelings among…
Bloomberg: Mitsui O.S.K, Maersk to Control 12% of Tankers
“Mitsui O.S.K. Lines Ltd., A.P. Moeller-Maersk AS and other shipowners will control about 12 percent of supertankers under their…
Inside Futures: Barchart Morning Call
“Jan crude oil prices this morning are up +88 cents a barrel and Jan gasoline is +6.61 cents per…
Fairplay: VLCC Crude Shipments Face Changes
“Seaborne crude oil trade patterns are being changed by the use of alternative crude sources and falling US demand,…
UPI: Libyan Crude Shipments Increasing
“Total crude oil exports from Libya jumped more than 20 percent compared with last week following tanker reservations by…
Bloomberg: Shell Cargoes Helped to Boost Libyan Crude Exports 21% This Week
“Royal Dutch Shell Plc booked two tankers to load crude oil in Libya this week, helping total exports advance…
Lloyd’s List: China Could Help VLCC Overcapacity by Purchasing all 15-Year-Old Vessels
“Chinese oil companies could help the tanker chartering markets by buying up many of the ageing very large crude…
Bunkerworld: Tanker Operators Urged to Get Creative
“Tanker companies can consider vessel layups, scrapping and company mergers as means to lower operational costs on the back…
Platts: Total to Buy Sabine Pass Supply, Equity: Report
“France’s Total will be the second company to sign a contract to buy LNG from Chenier’ Energy’s planned liquefaction…
Lloyd’s List: NYK Group Rumored to be Selling Another VLCC in Secondhand Market
“In its weekly comment piece, US-based brokers Poten & Partners said that although the fourth quarter is sometimes thought…
