Platts: VLCC bookings by China charterers from Caribbean up 250% since 2006
“VLCC fixtures done by Chinese charterers out of the Caribbean to South East Asia have increased by over 250%…
Tradewinds: Caribs More Crucial
“Chinese charterers are booking 250% more VLCCs from the Caribbean than they did five years ago . . ….
The Wall Street Journal: Big Gas Projects Face Tight Australia Labor Pool
“Energy companies in Australia have a jobs problem: They are creating too many at once. Companies including Chevron Corp.,…
Lloyd’s List: Newbuildings Keep Arriving as VLCC Values Plunge
“Plunging secondhand values of very large crude carriers pose tough questions for owners as newbuildings continue to flow off…
Lloyd’s List: Piracy Threat Eats Away at Tanker Daily Earnings
Piracy attacks have caused the number of large oil tankers transiting the Suez Canal to plummet more than 50%…
AOL Energy: After Fukushima, Japan Faces Costly Options
“Increasing numbers of nuclear reactors are being kept off-line in Japan as local governments respond to public fears about…
Bunkerworld: Shipowners Bear Brunt of Voyage Deviation Bunker Costs
“Shipowners, already suffering from weak rates, have been bearing the brunt of additional voyage costs in diversions to avoid…
The Australian Financial Review: Stiff Competition May Hurt LNG Projects
“New LNG projects worth $A140 billion-odd are in the construction phase in Australia. . . . The International Energy…
ABC News: Labour Shortage Tops Gas Industry Carbon Tax Fears
“A Liquefied Natural Gas group says there are more pressing problems for the oil and gas industry than the…
Bunkerworld: Japan’s Fuel Oil Imports up Following Quake
“Japan’s fuel oil imports have risen on the back of increased demand from domestic utilities even as demand from…
