IT Admin Bunkerworld: Tanker Flat Rate in 2012 to Rise on Higher Bunker Costs IT Admin “The higher tanker flat rates issued by the Worldscale Association for 2012 reflects the increase in fuel costs seen… Read More
IT Admin Platts: New Planned Global VLCC Pool May Not Push Up Freight Levels IT Admin “The teaming up of four large shipowners to form a new global VLCC pool has evoked mixed feelings among… Read More
IT Admin Bloomberg: Mitsui O.S.K, Maersk to Control 12% of Tankers IT Admin “Mitsui O.S.K. Lines Ltd., A.P. Moeller-Maersk AS and other shipowners will control about 12 percent of supertankers under their… Read More
IT Admin Inside Futures: Barchart Morning Call IT Admin “Jan crude oil prices this morning are up +88 cents a barrel and Jan gasoline is +6.61 cents per… Read More
IT Admin Fairplay: VLCC Crude Shipments Face Changes IT Admin “Seaborne crude oil trade patterns are being changed by the use of alternative crude sources and falling US demand,… Read More
IT Admin UPI: Libyan Crude Shipments Increasing IT Admin “Total crude oil exports from Libya jumped more than 20 percent compared with last week following tanker reservations by… Read More
IT Admin Bloomberg: Shell Cargoes Helped to Boost Libyan Crude Exports 21% This Week IT Admin “Royal Dutch Shell Plc booked two tankers to load crude oil in Libya this week, helping total exports advance… Read More
IT Admin Lloyd’s List: China Could Help VLCC Overcapacity by Purchasing all 15-Year-Old Vessels IT Admin “Chinese oil companies could help the tanker chartering markets by buying up many of the ageing very large crude… Read More
IT Admin Bunkerworld: Tanker Operators Urged to Get Creative IT Admin “Tanker companies can consider vessel layups, scrapping and company mergers as means to lower operational costs on the back… Read More
IT Admin Platts: Total to Buy Sabine Pass Supply, Equity: Report IT Admin “France’s Total will be the second company to sign a contract to buy LNG from Chenier’ Energy’s planned liquefaction… Read More
IT Admin Lloyd’s List: NYK Group Rumored to be Selling Another VLCC in Secondhand Market IT Admin “In its weekly comment piece, US-based brokers Poten & Partners said that although the fourth quarter is sometimes thought… Read More
IT Admin The Peninusla (Qatar): Mideast Tanker Rates Fall on Slower Business IT Admin “Crude oil tanker earnings on the major Middle East route slipped yesterday as cargo fixing momentum faded and the… Read More