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…
Lloyd’s List: Japanese Fuel Oil Imports Almost Triple After Quake
“The Japanese power generation industry’s combined consumption of residual fuel and crude oil has almost tripled since a devastating…
Reuters: Mideast Crude Tanker Rates Steady, Supply Weighing
“Crude oil tanker earnings on the major Middle East route were steady on Monday although a glut of available…
Fairplay: Australian Crude Export Growth Peaks
“While Australian crude oil exports are providing good returns for Aframax operators, market growth will be limited unless cargo…
HedgeWorld Daily News (Reuters): Private Equity, Bonds to Drive Ship Finance Amid Credit Crunch
“Global shipping firms must look to private equity funds and corporate bond markets to obtain capital to expand their…
Platts: LNG to Play Larger Role in Meeting Global Demand
“LNG is expected to play a key role in meeting growing global demand in the future, market participants said…
Bloomberg: Wilbur Ross: Ship Deals to Accelerate after Slump
“Wilbur Ross, the billionaire chairman of private-equity firm WL Ross & Co., said he expects transactions in shipping to…
