IT Admin Business Week: China’s Refining to Rise, Boosting Crude Purchases IT Admin “China, the world’s second-largest energy consumer, may boost refining capacity by more than 10 percent by 2014, leading to… Read More
IT Admin Energy Metro Desk: Floating Product Storage IT Admin “According to some new research by Poten & Partners, the floating crude storage trade may have run its course…. Read More
IT Admin Business Week: China’s Crude Oil Imports to Drive Tanker Market IT Admin “China, the world’s second-largest energy consumer, may lead an increase in demand for tankers as its energy needs rise,… Read More
IT Admin Bloomberg: Gasoline, Diesel Surpass Crude in Floating Storage IT Admin “Traders are choosing to store oil products in floating tankers instead of crude oil as freezing temperatures and rising… Read More
IT Admin Tanker Operator: China Plans Domestic Tanker Orders IT Admin “Chinese shipowners were thought to be planning a new tranche of tanker newbuildings at domestic yards to gain further… Read More
IT Admin Fairplay: China Plans Tanker Orders IT Admin “Chinese shipowners are planning a new wave of tanker newbuildings at domestic yards to expand control of their country’s… Read More
IT Admin Tradewinds: Influx Boosts Tanker Chartering Base IT Admin “Independent oil-trading giants Total Oil Trading SA (Totsa), Gunvor, Lukoil International Trading & Supply Co (Litasco), Addax and Mercuria… Read More
IT Admin Dow Jones: Extra Supply, Weak Naphtha Dampen Condensate Outlook IT Admin “A surge in condensate supply combined with an expected long market for its main derivative naphtha are likely to… Read More
IT Admin Tradewinds: Shell Reigns IT Admin “Shell has maintained its position as the top global spot charterer for clean petroleum products, according to data from… Read More
IT Admin Lloyd’s List: Clean Fixtures Rise 16% as Spot Rates Hit Bottom IT Admin “Wednesday ROCK-bottom freight rates for product tankers saw the number of clean fixtures on the spot market rise by… Read More
IT Admin Bloomberg: Reliance Helped Double India Fuel Exports to U.S. IT Admin “As a result of rising exports, Reliance became for the first time in 2009 one of the top 10… Read More
IT Admin Tradewinds: Tanker Race Ahead IT Admin “’The next stop could be upward pressure on time-charter rates and asset prices,’ New York-based Poten & Partners said… Read More