Taiwan News: Chinese Demand for Crude Oil Tankers Rises 42 Percent
“China imported 21.17 million metric tons of crude oil in April, 31 percent more than the same month last…
Tradewinds: Top of the Tanker Tree
“A switch in emphasis from expanding through the secondhand sale-and-purchase (S&P) market to investing heavily in newbuildings over the…
Lloyd’s List: Kozimo Exports Pass 1m Tonnes Per Month
“Russia’s newest oil export terminal, Kozmino on the far eastern coast, is shipping out more than 1m tonnes per…
Wall Street Journal: Ahead of the Tape
“And while 73 new vessels are scheduled for delivery this year, according to New York-based ship broker Poten &…
Seatrade: Winds of Change
“The future of the tanker market continues to be uncertain as tonnage oversupply takes on Chinese demand . ….
Lloyd’s List: Aframax Owners Hope for Rates Hike in Caribbean
“The Baltic Exchange TD9 route, shipping 70,000 tonne crude cargoes from Puerto La Cruz to Corpus Christi, rose yesterday…
Seatrade Asia Week: Tanker Market Outlook Better than Expected Brokers
“Poten & Partners say the tanker market outlook is better than expected despite the large amount of tonnage set…
Lloyd’s List: US Gulf Disruption to Benefit Tanker Markets
“Increased tanker rates and potential arbitrage opportunities are likely to arise following the Deepwater Horizon oil spill in the…
Reuters: US Gulf Tanker Rates Surge on Oil Spill Risks
“The rate to charter oil and product tankers in the Caribbean and US Gulf Coast region has surged by…
Tradewinds: VLCC Needs Leave Room for All
“China’s thirst for oil is set to surge in coming years and the question industry players are asking is:…
