IT Admin Tradewinds: Expansion and Going Global is Not Key for US Brokers as there is Plenty of Local Business Despite Tough Competition IT Admin “Leaders of three top US tanker brokers are unanimous in rejecting the mega-broker model that has evolved in Europe… Read More
IT Admin Lloyd’s List: Iranian Oil Supply Loss Strengthens New Delhi’s ties with Brazil IT Admin “India’s spot market crude oil imports have rocketed in the past 10 years as the nation ramps up its… Read More
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