S&P Global Platts: Tankers: Waning onshore storage avails render floating storage best option
17 April 2020:
“Cuts are nowhere near enough to counter the 20 million b/d demand destruction,” Erik Broekhuizen, head of…
No Easy Answers
April 17, 2020
What is the impact of OPEC+ cuts on the tanker market?
Last weekend, OPEC+ reached a historical agreement…
S&P Global Platts: Norway oil cuts could impact gas, but likely trumped by gas market dynamics
16 April 2020
Oleg Vukmanovic, analyst at Poten & Partners, said on a webinar Wednesday that it was the “worst…
Lloyd’s List: The going gets tougher for LNG sector
09 April 2020
Poten & Partners’ Melanie Lovatt suggests that buyers in southern Europe may also seek to defer cargo…
TradeWinds: Floating storage prospects set to rise for LNG carriers in flooded supply market
8 April 2020
Kristen Holmquist, Poten’s manager for short-term forecasting, said the LNG charter market remains “incredibly volatile”….
TradeWinds News: Most planned 2020 LNG project sanctions will be delayed, Poten says
8 April 2020
At least 20 planned new LNG projects which had been expected to get the greenlight…
South China Morning Post: Oil glut fuels demand for crude tankers as storage in boon for charter rates and Hong Kong shipowners
Natural Gas Intel: LNG Recap: Week Begins with Some Stability Following Stretch of Market Turmoil
April 6, 2020
“A lot of people’s eyebrows went up when that tender came up,” said Poten & Partners’ Jason…
Riviera Maritime Media: Covid-19 lockdown cuts Indian LNG demand
3 April 2020
If India’s countrywide Covid-19 quarantine is extended, LNG demand will worsen beyond the current anticipated 1M tonne…
Natural Gas Intel: Uncertainty Reigns in Global LNG Market as Coronavirus Lockdowns Persist
3 April 2020
“Another thing hurting the market is that India tends to be very price sensitive and takes a…