Storage Floats Your Boat
March 20, 2020
Floating storage can provide a temporary boost to tankers
Two weeks ago, the OPEC+ deal fell apart and…
LNG in World Markets: Russia and Saudi Arabia: Is US LNG the Next Target?
LNG in World Markets
16 March 2020
March Madness
March 13 2020
Tanker fixtures jump as producers prime the pump
We are near the end of another week of almost…
LNG Market Outlook: Covid-19 adding to challenges in global LNG market
LNG Market Outlook
February 2020
The Covid-19 outbreak is having a large impact on the global LNG industry. Cargo…
LNG Market Outlook: Australian Projects Poised to Get Green Light
LNG in World Markets
February 2020
Woodside Petroleum and Santos may become among the first operators to move ahead…
Canada deepens LPG sector investments
LPG in World Markets
February 2020
Waterborne propane exports from Canada have been steady at around 40,000 b/d (two VLGCs…
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…
Saudi Arabia Sparks Oil Price War – Implications For The Tanker Market
9 March 2020:
Over the weekend, Saudi Aramco sent shockwaves through global markets as it announced steep discounts to its…