Slowing Fleet Growth Makes a Reappearance
Although the current macroeconomic environment is weighing on both the dirty and clean tanker sectors, the earnings performance of…
Asphalt Weekly Monitor
- Prices move down in some East Coast retail locations.
- East Coast wholesale asphalt and flux prices hold steady.
- Midwest retail prices…
Business Times (Singapore): More Suezmaxes Hit the Water as Their Fleet Grows
“Owners of tankers holding one million barrels of oil are increasing their share of exports from the Middle East,…
Tradewinds: Suezmaxes Fight for Share
“Suezmax numbers have swollen by nearly 10% so far this year compared to just 1.2% for aframaxes and 8%…
Bloomberg: Suezmax Tankers Seen by Poten Adding Market Share as Fleet Grows
“Owners of tankers holding 1 million barrels of oil are increasing their share of exports from the Middle East,…
Bloomberg: U.S. Beating Russia in Diesel Shipments Boosts Tankers: Freight
“The U.S. is poised to overtake Russia as the world’s biggest exporter of diesel and heating oil for the…
Oversupplied Suezmaxes Fight for Market Share
Facing rapid fleet growth and limited organic volume from its traditional load regions, Suezmaxes have had to fight for…
Asphalt Weekly Monitor
- Prices ease lower in some East Coast retail locations.
- East Coast wholesale asphalt prices mixed for the week.
- East Coast retail…
Bloomberg: Mexico Favoring Asia in Oil Seen Adding to Crude Tanker Demand
“Rising Mexican crude oil exports to Asia are helping to boost demand for oil tankers because of the distances…
Fairplay: PEMEX Stabilises Production
“PEMEX has halted its production slide and is spurring more long-haul tanker business, according to Poten & Partners. In…
