Tradewinds: VLCC Orders Rush set to Continue Despite Sharp Spot Rate Reversal
“This could result in a temporary tight VLCC market as ships may be scrapped before their replacements are delivered,…
Asphalt Weekly Monitor
- NAPA is held its winter meeting this week Feb. 3-6 in Boca Raton, Florida.
- East Coast asphalt retail prices assessed…
Bloomberg: RWE Expands LNG to U.S. Gas Trade as Banks Exit Commodities
“Global LNG exports fell 3.5 percent from a year earlier to 316 billion cubic meters in the 12 months…
Asphalt Weekly Monitor
- NAPA is holding its winter meeting next week Feb. 3-6 in Boca Raton, Florida.
- East Coast asphalt retail and wholesale…
Fairplay: Senate Weighs US Crude Export Ban
“Tanker market consultancy Poten & Partners noted in a 24 January report that while the Aframax sector has been…
Prairie Pundit: Texas Oil Replaces Saudi Oil in California?
“Kinder Morgan Energy Partners LP, the pipeline operator that’s buying U.S. oil tankers, said it’s in talks to ship…
Bloomberg: Texas Crude Vies with Saudi Arabia for California Shipments
“The vessels are able to cross the Panama Canal, even before the $5.3 billion expansion that will double the…
Business Recorder: Mideast Crude Tanker Rate Rally Fizzles out as Booking
“Although freight rates are falling precipitously, recent volatility suggests that this market may still have a heartbeat, brokerage Poten…
Hydrocarbon Processing: Latin America to Boost US Refined Product Imports as Middle Class Grows
“The anticipated increase in fuel imports by Latin America this year may not mean higher freight rates, said Poten…
Oil Daily: US to See Growth in Fleet of Jones Act Vessels
“Over the next few years, a slew of newbuild tankers and barges will help ease the shortage of vessels…
