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…
Bloomberg: Caribbean Crude-Oil Rates Fall; Onshore Storage Almost Full
“As a result of refinery maintenance and repairs, which has created a surplus of crude oil along the U.S….
Bloomberg: Caribbean Oil-Tanker Rates Unchanged Amid Continued Slow Demand
“Bloomberg reported that “rates to transport crude oil in the Carribean basin were unchanged after falling yesterday amid weak…
Bloomberg: Carribean Oil-Tanker Rates Fall 1.7 Percent on Weak Demand
“Bloomberg’s Todd Zeranski incorporated Poten’s data for in this article.”
