Barrels Bound East
The rapid growth of China’s oil demand has forced a transition from self-sufficiency enjoyed in the early 1990s toward…
Marine Money: Watch the Greeks
“In 1995, Greece was the third largest flag state for tankers with over 200 vessels over 30,000 DWT registered. …
Asphalt Weekly Monitor
- East Coast retail prices declined in most markets this week.
- Midwest retail and wholesale prices were steady and activity was…
Polar Express
Last month, retreating sea ice allowed two multipurpose heavy‐lift project carriers to complete a…
Asphalt Weekly Monitor
- North East Asphalt User-Producer Group holds Annual Meeting in South Portland, Maine.
- Vitol to purchase 100% stake in SemGroup Energy…
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…
