Lloyd’s List: Newbuilding Glut Hits Gas Carrier Rates
“Charter rates for liquefied natural gas carriers in the short-term market are coming under further pressure after falling sharply…
Bloomberg: LNG Tanker Rates Fall 17% on Increase in New Vessels
“Charter rates for liquefied natural gas tankers on short-term hauls declined 17 per cent last year because of an…
Lloyd’s List: LNG Charter Rates Come Under Further Pressure
“Quoting from a recent report published by Poten’s LNG Commercial Department, Lloyd’s List reported on 2008 LNG charter rates….
Transportweekly: Baltic Dry Index Posted its Third Consecutive Week’s Drop
“The Baltic Dry Index, a measure of shipping costs for commodities, posted its third consecutive week’s drop on March…
Petroleum Economist: The Tide Turns for Tanker Sector
“Lower oil prices and the economic downturn make the outlook less certain for tanker owners, but shipbuilders still have…
El Diario: Asphalt Needed for New Highways
“El Diario reported that there may not be sufficient asphalt in Mexico to meet demand for 2009 road infrastructure…
Portworld: ExxonMobil Brings Positive News for Tanker Owners
“Portworld referred to Poten’s annual tanker statistical abstract and reported that “ExxonMobil was the second biggest spot VLCC charterer…
China Chemical News: Global Demand for Naphtha in 2011 will be Resumed
“Following Poten & Partners’ presentation at the Condensate and Naphtha Forum in Singapore, CCN reported that global demand for…
The Business Times (Singapore): Oil, Petrochem Players Bank on Chinese Buyers
“‘We are seeing some signs of life in the Asian industry,’ Colin Shelley, consulting manager at UK’s Poten &…
Platts: Global Petchem, Naphtha Demand to Recover 2010-2011
“Quoting from Peter Manning’s presentation at the condensate and naphtha forum in Singapore, Platts reported that “global petrochemical demand…
