TradeWinds News: VLCC rates rising
11 March 2020:
Shipbroker Poten & Partners said it is seeing several deals negotiated for short-term charters of six to…
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Media Mentions
Reuters: Tanker rates surge as traders hunt for ships to store cheap oil
10 March 2020
“We are seeing several deals being negotiated for short-term (6-12 months) charters, with one already concluded. The…
Riviera Maritime Media: Coronavirus: Chinese oil production takes a hit as bunker fuel demand shrinks
9 March 2020
Shipbrokers Poten & Partners said the Chinese Government’s travel restrictions have resulted in reduced global demand for…
Events
Tanker Opinions
A Shift to Transshipment
Recent closures of local refineries in the United States, the neighboring Caribbean islands and Europe will create increased demand…
Key-Stonewalled
This week President Obama rejected a permit for the Keystone XL pipeline. If ever built, the pipeline would further…
Iran-dom Acts
With the tanker market largely tuned into the potential effects of a closure of the Straits of Hormuz, there…
LNG & Natural Gas Opinions
Weekly Asphalt Headlines
Asphalt Weekly Monitor
- Hurricane Sandy slammed into E.Coast early this week, leaving damage along the eastern parts of the US & dumping…
Asphalt Weekly Monitor
- Prices for paving asphalt were unchanged in East and Gulf Coast markets.
- East Coast wholesale asphalt and flux prices were…
Asphalt Weekly Monitor
- Prices for paving asphalt eased lower in some mid-Atlantic retail locations.
- East Coast wholesale asphalt and flux prices were steady.
- Most…
