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
IT Admin Bloomberg: Shell Says Japan Nuclear Accident to Support Long-Term Global Gas Demand IT Admin “Royal Dutch Shell Plc (RDSA), Europe’s largest oil company, said Japan’s nuclear accident will support world natural gas demand… Read More
IT Admin Reuters: US Clean Oil Product Exports Jumped Thirty Percent IT Admin “U.S. exports of clean refined oil products in 2010 were 30 percent higher compared with 2009, U.S. shipbroker Poten… Read More
IT Admin Tradewinds: Glencore Profits jump 40% IT Admin “The world’s largest commodity trader reported revenues of almost $145bn compared with the $106bn seen last year, a rise… Read More
IT Admin Lloyd’s List: China Crude Imports to Hit 350m Tonnes IT Admin “China’s crude imports are forecast to reach 350m tonnes, equivalent to 6m barrels per day, by 2015 — benefiting… Read More
IT Admin Lloyd’s List: New Ships to Depress Time Charter Rates to Eight-Year Low IT Admin “One-year and three-year time charter rates for dirty tankers will fall to eight-year lows in 2011, as high numbers… Read More