Platts Commodity News: Shell Top Charterer of Dirty Tankers in 2009
“Oil major Shell maintained its position as top spot charterer of dirty tankers in 2009, but Asian refiners dominated…
Fairplay: Asia Tops VLCC Spot Fixtures
“ASIAN charterers dominated the list of VLCC charterers in 2009, according to research by Poten & Partners, the shipbroking…
Oil China: China Petrochemical News
“Particularly in the last two years, China’s natural gas consumption showed geometric growth and natural gas supply gap has…
Fairplay: Greenhouse Gas Legislation Under US Consideration Might Offer a Competitive Advantage to Product Importers
“Poten & Partners noted today that draft legislation ‘proposes that parties selling fuels derived from crude must buy allowances…
China Daily: Shipping Industry Woes
“China’s shipbuilding industry has been hit hard by the slump in world trade. According to the World Trade Organization,…
Reuters: Woodside: Asia LNG Demand Picking Up, Outlook Robust
“Demand for liquefied natural gas (LNG) in Asia-Pacific is showing early signs of a pickup and its recovery is…
Lloyd’s List: Chinese Tanker Ban Reduces Single-Hull Options
“China has confirmed that it will ban all single-hull tankers from January 1, further shrinking employment opportunities for the…
Fairplay: Rates Saved by Storage
“More economies are emerging from recession, albeit slowly. The oft-received wisdom is that re-emergent growth will feed oil demand…
Oil & Gas Jounal: Paris Summit Urges Investment for Future Gas Supply
“Natural gas is ‘complementary to renewables’ and ‘a key part of the solution to climate change’ in the developing…
Tradewinds: Crude Storage Trend Slackens
“Buying and storing cheap oil with the expectation of selling it at a future date for a big profit…