A Dreary Week for Rates, Could Chinese Macro Situation Spell Relief?
This week saw fresh lows for several tanker routes, and the usual seasonal spike in earnings has largely failed…
Asphalt Weekly Monitor
- East Coast markets are unchanged this week for wholesale/retail paving grades and flux.
- Isolated reports of Midwest price reductions—assessed ranges…
OPEC Moving to Tighten Market, as Demand Rebounds
In today’s Oil Market Report (OMR), the International Energy Agency (IEA) provided a revised outlook that suggested a tighter…
Asphalt Weekly Monitor
- East Coast wholesale asphalt and flux prices steady.
- East Coast retail asphalt prices are mixed – flux retail unchanged.(2)
- Some Midwest…
Lloyd’s List: Tanker Conundrum as Fixtures Rise but Earnings Fall
“The tanker industry is struggling with poor freight rates and earnings, but all is certainly not doom and gloom…
North American Production Continues to Alter Cargo Flows
The US Energy Information Agency (EIA) released their first Short-Term Energy Outlook (STEO) of 2013 earlier this week to…
Asphalt Weekly Monitor
- East Coast wholesale FOB asphalt prices in higher range – CIF prices steady.
- East Coast retail asphalt prices are mixed…
SinoShip News (Beijing): Unipec Becomes World’s Top VLCC Charterer
“According to a report released by Poten & Partners, Unipec has overtaken Shell’s position and become the top spot…
Bloomberg: Crude Oil-Tanker Spot Bookings Seen 5% Higher in 2012
“Spot, or single-voyage, bookings for crude oil-tankers increased by 5 percent in 2012 compared with the previous year, according…
Dirty Spot Fixture Activity Rises, But Top Rankings Shift
Reported spot activity for larger dirty tankers increased by 5% from 2011 to 2012. Suezmaxes saw the greatest gains,…
