IT Admin Tradewinds: Poten in Products Caution IT Admin “Cash-rich owners looking to jump on depressed newbuilding prices in the products tanker market may want to think twice… Read More
IT Admin Hindustan Times: Oil Giants May Put Rs 15,500 cr in Russia Gas Project IT Admin “In a bold attempt to secure a share in Russia’s gas sector, a consortium of ONGC Videsh, GAIL and… Read More
IT Admin Reuters: Floodway Opening a Blessing for Louisiana Refineries IT Admin “The opening of a key spillway to relieve flooding along the Mississippi River could create logistical headaches for big… Read More
IT Admin Tradewinds: Crude Rates Flounder as Glut Grows IT Admin “Crude-tanker owners have been left desperately seeking signs of a recovery in the face of supply and demand fundamentals… Read More
IT Admin Lloyd’s List: Natural Gas to Step in to Fill Nuclear Breach IT Admin “By Michael D. Tusiani : Governments continue to question their future nuclear commitments following the disaster in Japan. THE… Read More
IT Admin Financial Times: Japan Short Sellers are Still Waiting IT Admin “It seems seismic engineers weren’t the only people to underestimate the effects of an event such as the great… Read More
IT Admin Lloyd’s List: Vessel Influx Drives Down Rates for West Africa VLCCs IT Admin “VLCCs also ship cargoes from West Africa east of the Suez Canal to discharge ports in Asia — a… Read More
IT Admin Bunkerworld: Slow Steaming Most Effective Exploitation of Tanker Fleet IT Admin “Slow steaming is ‘here to stay’ and tanker operators who embrace it will have a ‘competitive advantage’, according to… Read More
IT Admin Tradewinds: Bunker Sales Decline IT Admin “Singapore’s bunker industry saw sales decline by over 10% last month from the record high seen in January…. Its… Read More
IT Admin Lloyd’s List: Medium Range Tankers Reap Rewards as US Gasoil Exports Rise IT Admin “US Exports of gasoil to Europe, the Caribbean and Latin America have risen 38% in a year after US… Read More
IT Admin Bunkerworld: Tanker Firms Margin Squeezed by Rising Bunker Prices IT Admin “The spike in bunker prices has ‘drastically’ eroded the already slim profits experienced by tanker owners and operators, according… Read More
IT Admin Petroleum Economist: Oil-Indexed LNG Coming Under Pressure in Asia IT Admin “Big Asian LNG customers are investigating alternative formulas to existing oil-linked contracts. But a switch to LNG prices based… Read More