Fairplay: VLCCs Get Gulf Spot Rates Boost
As VLCC rates from the Gulf and west Africa have firmed substantially, the relief for owners may last for…
Lloyd’s List: Iranian Oil Supply Loss Strengthens New Delhi’s ties with Brazil
“India’s spot market crude oil imports have rocketed in the past 10 years as the nation ramps up its…
BRIC House
The pressure to diversify crude oil sources continues to mount for purchasers of Iranian crude oil. Today, buyers not…
Bloomberg: Morgan Stanley Ship Hauls Frozen Gas 14,500 Miles to Tokyo
“A liquefied natural gas tanker hired by Morgan Stanley, the bank that ships the most commodities, is hauling a…
A Springtime Rally
Anyone following the tanker market during the last few years knows that bright spots have been few and far…
Lloyd’s List: Shifting Trade Patterns Bolster Product Tankers in Atlantic Basin
“Profound changes have occurred in Atlantic basin product tanker trades over the last year; changes that most commentators agree…
Lloyd’s List: Busy US Gulf Props up MR Product Tanker Market
“Oil products flowed out of the US Gulf on medium range product tankers this week, creating the busiest global…
Lloyd’s List: Rising US Crude Output Cuts Global Tanker Demand
“The tanker market is becoming ever more reliant on Asia to offset the decline in tonne-miles generated from US…
Timing is Everything
In the mid-1970s, the idea of creating a vast reserve of petroleum in the US to buffer the nation…
Tradewinds: Gunvor Buys Antwerp Refinery
“Gunvor has bought a refinery in Antwerp from Petroplus, the Swiss refiner that filed for insolvency in January. The…
