IT Admin Bloomberg: Supertankers Delayed in China as Nation Fills Strategic Reserves IT Admin “Delays emptying supertankers at ports in China are spiraling as the world’s biggest energy consumer scours the globe for… Read More
IT Admin Reuters: LR Clean Tanker Rates Steady, Naphtha Demand Helps IT Admin “Tanker rates for refined petroleum products on top export routes were steady on Monday, with firmer Asian naphtha demand… Read More
IT Admin Bloomberg: Asian Naphtha Demand Boosts Product Tankers, Morgan Stanley Says IT Admin “Strengthening naphtha demand from Asian petrochemical plants is boosting charter rates for product tankers hauling the feedstock, Morgan Stanley… Read More
IT Admin Bloomberg: Rates Rising as Record Chinese Oil Imports Affect Ships IT Admin “Record Chinese oil imports are emptying the Atlantic Ocean of very large crude carriers and their 2 million-barrel cargoes,… Read More
IT Admin BusinessWeek: How to Buy a Supertanker IT Admin “How to Buy a Supertanker, By Michael Tusiani: Shipping is not for the fainthearted. Those seeking roller-coaster thrills need… Read More
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