IT Admin Lloyd’s List: Medium Range Tanker Rates Inch Up on More Atlantic Cargo IT Admin “US gasoline imports rise slightly but brokers warn overall demand is still low . . . Lower US gasoline… Read More
IT Admin Lloyd’s List: The Strategic Petroleum Reserve IT Admin “International Energy Agency in move to push stocks into the market to meet a shortfall in supplies . …. Read More
IT Admin Bunkerworld: Rising Bunker Bills Drastically Eroding Profitability IT Admin “Rising bunker prices have eaten into tanker owners’ profit margins, especially those with significant exposure to the spot market,… Read More
IT Admin Tradewinds: Time to be Creative IT Admin “Shipowners accepting VLCC newbuildings this year may need to think outside the box along with their accountant as spot… Read More
IT Admin North Jersey: Potholes Stretch North Jersey Budgets IT Admin “Potholes tore up local streets following the harsh winter, and now they are adding an expense to municipalities already… Read More
IT Admin Fairplay: Poten Predicts Surge Seen in Indian Clean Exports IT Admin “India’s gradual removal of price controls could raise demand for its clean products, along with improving quality, according to… Read More
IT Admin Wall Street Journal: Lackluster Oil Demand Calls Into Question IEA Motives IT Admin “Traders have been left questioning the International Energy Agency’s motives for its emergency stock release this month as demand… Read More
IT Admin Financial Times: Record US Oil Sale Eases Global Supply Picture IT Admin “The US on Friday raised billions of dollars by selling the biggest ever amount of oil from its strategic… Read More
IT Admin Tradewinds: Don’t Fire Order Gun IT Admin “A rush of more than 50 suezmax newbuilding orders last spring set back a recovery in the market by… Read More
IT Admin Bloomberg: LNG Ship Rents May Rise to 8-Year High as Japan Cargoes Expand IT Admin “The cost of hiring ships to haul liquefied natural gas may exceed $100,000 a day for the first time… Read More
IT Admin Lloyd’s List: Asia set to Deliver Tanker Salvation IT Admin “The truth about today’s tanker recession is that it is scaring almost no one. Owners are universally looking east… Read More
IT Admin Lloyd’s List: Tanker Optimism Against the Odds IT Admin “An Interesting thing happened on the way to the tanker crisis: tanker owners are not wearing a look of… Read More