TradeWinds News: VLCC rates rising
11 March 2020:
Shipbroker Poten & Partners said it is seeing several deals negotiated for short-term charters of six to…
Reuters: Tanker rates surge as traders hunt for ships to store cheap oil
10 March 2020
“We are seeing several deals being negotiated for short-term (6-12 months) charters, with one already concluded. The…
Riviera Maritime Media: Coronavirus: Chinese oil production takes a hit as bunker fuel demand shrinks
9 March 2020
Shipbrokers Poten & Partners said the Chinese Government’s travel restrictions have resulted in reduced global demand for…
The Wall Street Journal: Ships Turn Into Floating Storage Units for Oil and Gas as Chinese Buyers Back Out
5 March 2020:
One carrier loaded with crude was heading toward China when the refinery that bought the oil tried…
Natural Gas Intel: No Doomsday Scenario Seen for U.S. Energy Market in Tricky Predictions of LNG Shut-Ins
28 February 2020
Poten & Partners’ Jason Feer, Head of Business Intelligence, said any estimates on domestic production curtailments would…
Wall Street Journal: Shell Sees Coronavirus Eroding Chinese Natural Gas Demand
20 February 2020:
New York-based ship broker Poten & Partners estimates China will cut LNG imports by 49 cargoes, or…
Natural Gas Intel: Freight Rate Volatility on the Rise as Coronavirus Strands Vessels on Open Seas
19 February 2020:
Freight rate volatility is nothing new. Traditionally, a surplus of vessels disappears during the winter as traders…
Lloyd’s List: From the News Desk: How is the coronavirus affecting shipping?
18 February 2020:
LNG shipments to China are expected to fall by 1.3m tonnes alone in February, equivalent to about…
S&P Global Platts: China’s weekly LPG imports slump as COVID-19 dampens household, petrochemical demand
18 February 2020:
Brokerage Poten & Partners said China’s LPG demand is expected to reach 62.5 million mt in 2020,…
Money Control: Explained | Why LNG prices are falling and what’s the outlook
15 February 2020:
Energy shipbroker and consultancy firm Poten & Partners has said that at least five LNG cargoes had…
