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…
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…
Reuters: Bangladesh to Set Up LNG Terminal
“Bangladesh has started work to set up its first floating terminal for importing liquefied natural gas (LNG) with an…
Petroleum Intelligence Weekly: New Buyers Set to Join Asian LNG Club
“With Asian gas demand outpacing supply, the region is set to increase its share of the global LNG market…
Platts: Bangladesh Progressing on LNG Plans, says PM’s Adviser
“Bangladesh is moving ahead to build the country’s first import terminal, a senior official told Platts . . ….