IT Admin Fairplay: VLCCs Get Gulf Spot Rates Boost IT Admin As VLCC rates from the Gulf and west Africa have firmed substantially, the relief for owners may last for… Read More
IT Admin Bloomberg: Morgan Stanley Ship Hauls Frozen Gas 14,500 Miles to Tokyo IT Admin “A liquefied natural gas tanker hired by Morgan Stanley, the bank that ships the most commodities, is hauling a… Read More
IT Admin Lloyd’s List: Shifting Trade Patterns Bolster Product Tankers in Atlantic Basin IT Admin “Profound changes have occurred in Atlantic basin product tanker trades over the last year; changes that most commentators agree… Read More
IT Admin Lloyd’s List: Busy US Gulf Props up MR Product Tanker Market IT Admin “Oil products flowed out of the US Gulf on medium range product tankers this week, creating the busiest global… Read More
IT Admin Lloyd’s List: Rising US Crude Output Cuts Global Tanker Demand IT Admin “The tanker market is becoming ever more reliant on Asia to offset the decline in tonne-miles generated from US… Read More
IT Admin Tradewinds: Gunvor Buys Antwerp Refinery IT Admin “Gunvor has bought a refinery in Antwerp from Petroplus, the Swiss refiner that filed for insolvency in January. The… Read More
IT Admin Bloomberg: April Fuel Oil Cargoes Booked to Singapore at 2.6 Million Ton IT Admin “Fuel-oil cargoes currently poised to arrive in Singapore from outside Asia next month are at 2.6 million metric tons,… Read More
IT Admin Lloyd’s List: VLCCs Still in Demand Even as US Looks to Cut Oil Reliance IT Admin “The rise in North American production in recent years has even created a glut of oil stored at Cushing,… Read More
IT Admin Bloomberg: U.S. Refinery Expansion May Spur Demand for Supertanker Cargoes IT Admin “The expansion of Motiva Enterprises LLC’s refinery could spur increased demand for supertankers hauling Persian Gulf crude oil westbound,… Read More
IT Admin Fairplay: Middle East – The Hormuz Effect IT Admin “This could finally be the year when decades of tension between Iran and its nemeses in Israel and America… Read More
IT Admin Reuters: Iran’s Seaborne Trade Suffers as Sanctions Mount IT Admin “Seaborne trade is withering as sanctions are stepped up against the Islamic Republic, freezing bank finance and deterring many… Read More
IT Admin Lloyd’s List: US Sanctions Leave Room for Manoeuvre IT Admin “Washington has been lobbying for international sanctions against Iran for years, and its efforts came to fruition last month…. Read More