Financial Times: Record US Oil Sale Eases Global Supply Picture
“The US on Friday raised billions of dollars by selling the biggest ever amount of oil from its strategic…
Tradewinds: Don’t Fire Order Gun
“A rush of more than 50 suezmax newbuilding orders last spring set back a recovery in the market by…
Bloomberg: LNG Ship Rents May Rise to 8-Year High as Japan Cargoes Expand
“The cost of hiring ships to haul liquefied natural gas may exceed $100,000 a day for the first time…
Lloyd’s List: Asia set to Deliver Tanker Salvation
“The truth about today’s tanker recession is that it is scaring almost no one. Owners are universally looking east…
Lloyd’s List: Tanker Optimism Against the Odds
“An Interesting thing happened on the way to the tanker crisis: tanker owners are not wearing a look of…
Lloyd’s List: Owners Eye Brighter Future as VLCC Rate Rises Expected
“The moderate supply of very large crude carriers available for employment in the Middle East Gulf is helping to…
Lloyd’s List: The Price of Low Sulphur
“The recent increase in marine fuel prices is adding to the financial pressure on ship operators on top of…
Oil & Gas Journal: Pipeline, Politics and China
“Oil & Gas Journal wrote of “politics’ seeming primacy in determining the fates of large pipeline projects around the…
Lloyd’s List: Owners Reluctant to Snap up MR Product Tanker Bargains
“Freight rates may be climbing, re-sale opportunities remain scarce and current owners are holding onto their assets amid bullish…
Tradewinds: Poten in Products Caution
“Cash-rich owners looking to jump on depressed newbuilding prices in the products tanker market may want to think twice…