It’s All Greek To Me
As Greece’s debt problems have blossomed from a national concern into a near existential threat to the European monetary…
Let the Finger Pointing Begin!
The effort to stop the gushing oil well 5,000 feet below sea level in the Gulf of Mexico has…
Asphalt Weekly Monitor
- East Coast racks declined in many areas this week.
- Some East Coast wholesale price ranges declined or narrowed this week.
- Midwest…
Seatrade: Winds of Change
“The future of the tanker market continues to be uncertain as tonnage oversupply takes on Chinese demand . ….
Lloyd’s List: Aframax Owners Hope for Rates Hike in Caribbean
“The Baltic Exchange TD9 route, shipping 70,000 tonne crude cargoes from Puerto La Cruz to Corpus Christi, rose yesterday…
Seatrade Asia Week: Tanker Market Outlook Better than Expected Brokers
“Poten & Partners say the tanker market outlook is better than expected despite the large amount of tonnage set…
Lloyd’s List: US Gulf Disruption to Benefit Tanker Markets
“Increased tanker rates and potential arbitrage opportunities are likely to arise following the Deepwater Horizon oil spill in the…
Reuters: US Gulf Tanker Rates Surge on Oil Spill Risks
“The rate to charter oil and product tankers in the Caribbean and US Gulf Coast region has surged by…
Asphalt Weekly Monitor
- East Coast racks mostly steady – with reports of some lower prices offered in a few areas.
- Midwest wholesale barge…