IT Admin Lloyd’s List: Suezmax Sale Signals Fresh Low for Tanker Asset Values IT Admin “Average earnings for suezmaxes will be $17,000 per day this year, Arctic Securities has forecast. US broker Poten &… Read More
IT Admin SinoShip News (Beijing): Unipec Becomes World’s Top VLCC Charterer IT Admin “According to a report released by Poten & Partners, Unipec has overtaken Shell’s position and become the top spot… Read More
IT Admin Bloomberg: Crude Oil-Tanker Spot Bookings Seen 5% Higher in 2012 IT Admin “Spot, or single-voyage, bookings for crude oil-tankers increased by 5 percent in 2012 compared with the previous year, according… Read More
IT Admin Bloomberg: Gasoline Barges Advance; ICE Gasoil Gains: Oil Products IT Admin “Bookings of fuel oil from Western countries to Asia next month rose 4 percent from a week earlier to… Read More
IT Admin Lloyd’s List: Baltic Sea Aframax Earnings Rise $11,000 Overnight IT Admin “Earnings for aframax crude tankers able to operate in icy Baltic Sea waters rocketed up by more than $11,000… Read More
IT Admin Bloomberg: Scorpio Seen Rising as Tanker Rates Gain Most Since ’08 IT Admin “Rising Asian demand for naphtha and a shortage of ships hauling the oil product used in everything from Barbie… Read More
IT Admin Tradewinds: Naptha Fires LR1 Rates IT Admin “A surge in Asian demand for naptha is behind a recent rally in long range one (LR1) spot rates,… Read More
IT Admin Fairplay: LR Rate Surge Explained IT Admin “Growing Asian petrochemical production explains why LR2 and LR1 tankers are at 2012 highs, tanker consultancy Poten & Partners… Read More
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