Energy Metro Desk: Floating Product Storage
“According to some new research by Poten & Partners, the floating crude storage trade may have run its course….
Business Week: China’s Crude Oil Imports to Drive Tanker Market
“China, the world’s second-largest energy consumer, may lead an increase in demand for tankers as its energy needs rise,…
China’s Bright Horizon
China’s growing reliance on seabourne crude oil imports will set the tone of the tanker market for the coming…
Bloomberg: Gasoline, Diesel Surpass Crude in Floating Storage
“Traders are choosing to store oil products in floating tankers instead of crude oil as freezing temperatures and rising…
The Storage Story
Use of tankers as floating storage has seemed to consistently capture the attention of those in the tanker and…
Tanker Operator: China Plans Domestic Tanker Orders
“Chinese shipowners were thought to be planning a new tranche of tanker newbuildings at domestic yards to gain further…
Asphalt Weekly Monitor
- East Coast rack prices unchanged, except in Atlanta, where prices increased.
- East Coast wholesale paving grade asphalt prices reported higher…
Fairplay: China Plans Tanker Orders
“Chinese shipowners are planning a new wave of tanker newbuildings at domestic yards to expand control of their country’s…
Tradewinds: Influx Boosts Tanker Chartering Base
“Independent oil-trading giants Total Oil Trading SA (Totsa), Gunvor, Lukoil International Trading & Supply Co (Litasco), Addax and Mercuria…
Asphalt Weekly Monitor
- East Coast rack prices increase in Mid-Atlantic and Southern markets.
- Midwest wholesale barge and rail markets continue to strengthen.
- Suppliers raise…
