Bloomberg: Noto Sees Oil Below $50
“Speaking at the recent conference co sponsored by Bloomberg and Poten & Partners, Lucio Noto commented that “we’ll see…
Bloomberg: US Must Fight Oil-Asset Seizures
“Bloomberg and Poten & Partners co sponsored a conference at which Lucio A. Noto shared his insight into the…
Bloomberg: Persian Gulf Tanker Rates May Extend Drop on Supply, Oil Price
“Bloomberg reported that “the cost of shipping Middle East oil to Asia . . . may fall for a…
Marine Log: Bear Stearns to Buy MC Shipping
“Marine Log reported that “MC Shipping Inc. (AMEX:MCX ) and Bear Stearns Merchant Banking (“BSMB”) announced today the signing…
Tradewinds: Bear Stearns to Buy MC Shipping
“Tradewinds reported that Bear Stearns has made a $284 million all cash offer for MC Shipping. At $14.25 per…
Lloyd’s List: VLGCs Fail to Fire as Sector Flops
“Lloyd’s List reported that “in the first six months of this year, VLGCs have earned less than their smaller…
Bloomberg: Caribbean Tanker Rates Are Unchanged Amid High Oil Inventories
“Amid high oil inventories and lower refinery utilization rates, the rates to ship crude oil from the Caribbean basin…
The Sunday Times: Cooking with Gas: BG Keeps Growing
“The Sunday Times described BG’s success in recent years. “Since the sleepy old British Gas was split up through…
Bloomberg: Caribbean Crude-Oil Rates Fall a Fourth Day on Refinery Outages
“As rates to ship crude oil from the Caribbean basin fell for a fourth day as refinery maintenance continued…
Fairplay: Let The Crystal Ball Give You Answers
“Fairplay reported on the dilemma facing shipowners: “paying up immediately in the second-hand markets for tonnage readily available” or…
