Fairplay: China Plans Tanker Orders
“Chinese shipowners are planning a new wave of tanker newbuildings at domestic yards to expand control of their country’s…
Tradewinds: Influx Boosts Tanker Chartering Base
“Independent oil-trading giants Total Oil Trading SA (Totsa), Gunvor, Lukoil International Trading & Supply Co (Litasco), Addax and Mercuria…
Dow Jones: Extra Supply, Weak Naphtha Dampen Condensate Outlook
“A surge in condensate supply combined with an expected long market for its main derivative naphtha are likely to…
Tradewinds: Shell Reigns
“Shell has maintained its position as the top global spot charterer for clean petroleum products, according to data from…
Lloyd’s List: Clean Fixtures Rise 16% as Spot Rates Hit Bottom
“Wednesday ROCK-bottom freight rates for product tankers saw the number of clean fixtures on the spot market rise by…
Bloomberg: Reliance Helped Double India Fuel Exports to U.S.
“As a result of rising exports, Reliance became for the first time in 2009 one of the top 10…
Tradewinds: Tanker Race Ahead
“’The next stop could be upward pressure on time-charter rates and asset prices,’ New York-based Poten & Partners said…
Tradewinds: Oil Storage Deals Boost Trader Duo
“Last year was big for Trafigura and Mercuria on the chartering front. Mega-energy traders Trafigura and Mercuria “catapulted” into…
Lloyd’s List: Shell Tops League of Dirty Tanker Charterers
“Oil major Shell has emerged as the top charterer of dirty tankers in 2009, in a year when the…
Tradewinds: Shell Continues to Rule the Roost as the World’s Top Charterer in Terms of Dirty Spot Fixtures
“Shell had 691 reported fixtures in 2009, up five from 2008. The total number of reported spot market fixtures…