A Farewell Contango?
The storage of crude oil and petroleum products at sea has been an important factor in the tanker market…
The Wall Street Journal: Shell Plans US$5B Floating LNG Off W Australia
“Royal Dutch Shell PLC (RDSB.LN) said Thursday it has commenced early-stage design work on what could be the world’s…
BunkerWorld: Fuel Efficiency To Become a Priority, Says Report
“Pressure to cut shipping’s greenhouse gas (GHG) emissions will drive shipowners to increase vessel efficiency, according to a report….
The Business Times (Singapore): Baltic Dry Index Sees Biggest Weekly Jump
“The Baltic Dry Index, a measure of shipping costs for commodities, had its biggest weekly jump in 11 weeks…
Dow Jones: Woodside Basking in Glow from Gorgon Gasfield
“The rosy glow around liquefied natural gas projects resulting from the go-ahead of the $43 billion Gorgon gasfield development…
Asphalt Weekly Monitor
- East Coast retail prices unchanged or lower this week.
- Some asphalt cement selling prices in several Gulf Coast locations were…
The Road to Recovery
At the onset of the financial crisis last year, the fourth quarter of 2009 was targeted as the likely…
Iran Struggles To Advance LNG Plans
With most western firms shunning investment in Iran, the nation is struggling to advance its LNG export program. For…
Lloyd’s List: India Major Destination for Single Hull VLCC Tonnage
“India has overtaken South Korea as the top trading destination for single-hulled very large crude carriers.Thailand and Taiwan are…
Platts: India Major Destination for Singlehull VLCCs
“India has overtaken South Korea as the top charterer hiring single-hull Very Large Crude Carriers for shipping oil into…
