Bloomberg: China Cuts Imports of Fuel Oil as Economy Slows
“Western nations are scheduled to send 3.12 million tons of fuel oil to Asia this month, compared with a…
Asphalt Weekly Monitor
- East Coast retail prices are mixed, with some increases implemented.
- East Coast asphalt wholesale prices higher for the week, with…
Bloomberg: Tumble in Fuel Sales Adds To Evidence of China Slowdown
“Western nations are scheduled to send 3.12 million tons of fuel oil to Asia this month, compared with a…
Hawaii Reporter: Senate Minority Leader: Governor Should Seek Exemption to Jones Act Requirements
“The Hawaii Shippers Council president Michael Hansen also summarized DBEDT’s press release and the Governor’s response to the HRTF…
Intertanko: Looking at the Past with a View to the Future by Michael Tusiani
“I was asked to reflect on my almost 45 years in the industry and highlight some of the changes…
Energy Compass: Market Forces: Chinese Grip on Shipping
“In its drive to supply China with crude oil, state Sinopec’s trading arm Unipec has rapidly grown to become…
Asphalt Weekly Monitor
- East Coast demand is strengthening, when weather allows: retail prices move higher in some areas to start May –…
Business Day: Continued Dip in US Imports of Nigerian Crude Threatens Suezmax Tankers
“According to data from Poten & Partners, the average daily tanker rate for Suezmaxes sailing from West Africa to…
Platts: US Explorer Noble Plans Two New Wells Offshore Cyprus
“Cyprus hopes to eventually build at least three 5-million-mt/year (233.5 Bcf/yr or 6.61 Bcm/yr of gas) liquefaction trains at…
Hellenic Shipping News: US Guld – UK Continent Demand not Contributing to Product Tanker Rates that Much
“Product tanker freight rates have been – for the large part – a positive market for tanker owners, mainly…
