Post-Sandy Focus Shifting to Distillate Markets
With the New York City area facing severe shortages of gasoline following Hurricane Sandy — featuring the unwanted 1970s…
Tradewinds: Superstorm Uptick in Products Market Slated to be Short-Lived
“The products-tanker rate spike following Hurricane Sandy is poised to be short-lived as many of the spot deals to…
Fairplay: Taking Stock of Sandy
“Hurricane Sandy lobbed a grenade on to virtually every facet of the US east coast maritime industry at once…
Asphalt Weekly Monitor
- Retail prices for paving asphalt were lower in some mid-Atlantic areas this week.
- East Coast wholesale asphalt prices were steady…
Fairplay: Sandy Powers Product Rate Surge in Atlantic
“Atlantic Basin spot rates for MR product tankers have surged on Hurricane Sandy impact, Dahlman Rose analyst Omar Nokta…
Bloomberg: Tanker-Rate Surge on Sandy Seen by Poten Ending Within Weeks
“Higher costs to ship refined fuels from the U.S. Gulf in the aftermath of superstorm Sandy will subside within…
Bloomberg: Fuel Oil Shipments to Asia Rise to 3 Million Tons for December
“Fuel oil shipments from Western countries scheduled to arrive next month in Asia stood at 3.02 million metric tons,…
Ship & Bunker: China’s Teapot Refineries Could Resist Closures
“China has called for the closure of smaller, so-called ‘teapot’ refineries in the country by the end of next…
Bloomberg: Shipping Waiver Seen Helping New York Fuel Supply After Storm
“Suspending restrictions on ships carrying fuel between US ports will help supply the storm- battered Northeast as power outages…
Hurricane Sandy Reverberates throughout Oil Supply Chain
Hurricane Sandy captured headlines during the past week, and her effects will be felt throughout the Northeastern United States…
