Bloomberg: Caribbean Oil-Tanker Rates Unchanged Amid Continued Slow Demand
“Bloomberg reported that “rates to transport crude oil in the Carribean basin were unchanged after falling yesterday amid weak…
Bloomberg: Carribean Oil-Tanker Rates Fall 1.7 Percent on Weak Demand
“Bloomberg’s Todd Zeranski incorporated Poten’s data for in this article.”
Bloomberg: Supertanker Prices May Stay Near Record on Demand
“Bloomberg reported that “the price of supertankers able to ship 2 million barrels of oil may stay near records…
Not So Dismal Science
With the latest release of economic indicators, some economists are hinting that the United States could be headed for…
International Herald Tribune: Sinopec Trawls for More Supertankers
“Bloomberg reported that China Petroleum and Chemical may hire more VLCCs which, based upon data derived from Poten &…
Trade & Traffic
New York City was the scene of an enlightening lunchtime discussion by the current United States Maritime Administrator, Sean…
No Longer Crudely Related
Recent events – some transient and some not – appear to have compromised any sense of a “typical” price…
Project Delays Reduce LNG Supply Projections
This decades rapid LNG expansion appears to have ground to a halt, raising questions about where the next wave…
First Signs of Spring
While New Yorkers are eagerly anticipating the arrival of spring, many tanker owners are happy to prolong the arrival…
Bloomberg: N.Y. Harbor Gasoline Gains on Reduced Imports, Falling Supplies
“Petroleum products broker, Philip Foglia of Poten & Partners is quoted in this article relating to declined gasoline imports….
