IT Admin Bloomberg: Product-Tanker Returns Seen Lower on Curbed Arbitrage by Poten IT Admin “Returns for tankers carrying oil products from the U.S. slumped after price gains in the country and Europe limited… Read More
IT Admin Fairplay: Far Eastern Energy Needs are Stabilising Aframax Rates IT Admin “Aframaxes in Asia are still seeing steady earnings, thanks to firm fuel oil demand and draught restrictions. According to… Read More
IT Admin Fairplay: Return to Shipping Market Balance Predicted IT Admin “Balance, that essential factor in athletic performance, will return to shipping markets by the Rio de Janeiro Olympics, BIMCO… Read More
IT Admin Bloomberg: European Gasoline Gains; Black Sea Gasoil Declines: Oil Products IT Admin “European gasoline extended gains to trade at the highest in more than four months. Russia will reduce gas oil… Read More
IT Admin Bloomberg: Tankers Head for Venezuela After Fire According to Reports IT Admin “Five tankers able to hold 190,000 metric tons of cargo were chartered to carry oil products to Venezuela after… Read More
IT Admin Bloomberg: Tanker Returns Reach Record Low as Demand for Vessels Weakens IT Admin “Returns for the largest oil tankers hauling Middle East crude to Asia, the industry’s busiest trade route, reached a… Read More
IT Admin Reuters: Asia Condensate Demand to Double by 2016, Opening Mkt to New Suppliers IT Admin “Asia’s condensate demand is expected to double by 2016 as refiners and petrochemical makers build splitters to process an… Read More
IT Admin Bunkerworld: Tanker Owners Facing Unrelenting Pressure IT Admin “Dirty tanker owners are facing ‘unrelenting pressure’ to scrap vessels due to a combination of low earnings and rising… Read More
IT Admin Lloyd’s List: Chevron Refinery Fire Set to Benefit US Gulf Product Tankers IT Admin “Product tankers in the US Gulf stand to benefit from the fire at Chevron’s refinery in Richmond, California, according… Read More
IT Admin Lloyd’s List: US Crude Oil Imports Edge Towards 15-Year Low IT Admin “Crude imports into the US on tankers could drop to levels last seen 15 years ago during the rest… Read More
IT Admin Lloyd’s List: Outlook Dims for Product Tankers Shipping Cargoes to US East Coast IT Admin “As workers shut off the oil distillation facilities at the huge refinery on the Caribbean island of St Croix… Read More
IT Admin Bloomberg: Gasoline Imports Seen by Poten Curtailed on Jobs Data IT Admin “Gasoline imports to the U.S. East Coast may be curtailed as employment conditions deteriorate and the region’s refineries accelerate… Read More