IT Admin Bloomberg: U.S. Drought Seen Hindering Energy Independence on Ethanol Stall IT Admin “The worst U.S. drought in five decades is cutting profits from producing corn-based ethanol for blending in gasoline, hindering… Read More
IT Admin Fairplay: China to Raise Oil Imports as Economy Stabilises IT Admin “China is ready to expand oil imports as economic growth returns, tanker consultancy Poten &Partners has predicted. As the… Read More
IT Admin Lloyd’s List: Fall in Middle East VLCC Supply will Support New Rate Growth IT Admin “A two-week turnaround in the very large crude carrier market has seen time charter equivalent earnings on the Baltic… Read More
IT Admin Tradewinds: Eyes on Heating Oil IT Admin “The US Northeast’s motor gasoline (mogas) shortages after Hurricane Sandy are subsiding but Poten & Partners says products tanker… Read More
IT Admin Bloomberg: U.S. Northeast Seen Curbing Oil Products Exports After Sandy IT Admin “The U.S. Northeast will end net exports of refined fuels while the region rebuilds inventories after superstorm Sandy, according… Read More
IT Admin Tradewinds: Superstorm Uptick in Products Market Slated to be Short-Lived IT Admin “The products-tanker rate spike following Hurricane Sandy is poised to be short-lived as many of the spot deals to… Read More
IT Admin Fairplay: Taking Stock of Sandy IT Admin “Hurricane Sandy lobbed a grenade on to virtually every facet of the US east coast maritime industry at once… Read More
IT Admin Fairplay: Sandy Powers Product Rate Surge in Atlantic IT Admin “Atlantic Basin spot rates for MR product tankers have surged on Hurricane Sandy impact, Dahlman Rose analyst Omar Nokta… Read More
IT Admin Bloomberg: Tanker-Rate Surge on Sandy Seen by Poten Ending Within Weeks IT Admin “Higher costs to ship refined fuels from the U.S. Gulf in the aftermath of superstorm Sandy will subside within… Read More
IT Admin Bloomberg: Fuel Oil Shipments to Asia Rise to 3 Million Tons for December IT Admin “Fuel oil shipments from Western countries scheduled to arrive next month in Asia stood at 3.02 million metric tons,… Read More
IT Admin Ship & Bunker: China’s Teapot Refineries Could Resist Closures IT Admin “China has called for the closure of smaller, so-called ‘teapot’ refineries in the country by the end of next… Read More
IT Admin Bloomberg: Shipping Waiver Seen Helping New York Fuel Supply After Storm IT Admin “Suspending restrictions on ships carrying fuel between US ports will help supply the storm- battered Northeast as power outages… Read More