SINGAPORE (Dow Jones)–Asia’s crude-tanker markets may stay supported on the back of healthy demand in the coming week, though upside is limited, as supply is also healthy. The spot rate [...]
GENEVA (Dow Jones)–The newbuild delivery of panamax vessels is expected to continue well into 2013, keeping a lid on sea-borne freight rates, Tom Cutler, Analyst at SwissMarine said at a [...]
LONDON (Dow Jones)–The shipping costs for Very Large Crude Carriers, or VLCCs, traveling from the Arabian Gulf soared this week, supported by a tight market and strong seasonal demand from [...]
SINGAPORE (Dow Jones)–Asia’s crude tanker markets may see continued support in the coming week due to healthy demand, while improving gasoil demand in Europe will likely support ships carrying clean [...]
Image courtesy Frontline SINGAPORE (Dow Jones)–Asia’s crude-tanker market may stay in the doldrums due to a supply overhang, despite stable chartering activity for September-loading cargoes. The spot rate for a [...]
By Neena Rai, Dow Jones Newswires, Image by Andrew Winning/REUTERS LONDON (Dow Jones)–A restart of Libyan oil exports will lead to a renewed fixing of tankers, which should boost Mediterranean [...]
Image courtesy Frontline LONDON (Dow Jones)–Very Large Crude Carrier shipping rates on the benchmark Middle East to Japan route (Ras Tanura/Chiba) settled at a one-month high Tuesday due to higher [...]
Image courtesy Maersk By Flemming Emil Hansen, Dow Jones & Co COPENHAGEN—Shipping and oil company A.P. Moller-Maersk A/S warned Wednesday that new shipping capacity and deteriorating world economic prospects are [...]
SINGAPORE (Dow Jones)–Asia’s clean-petroleum tankers market will likely stay supported by increasing naphtha demand in the coming week, while slow chartering activity continues to pressure crude tanker rates. The freight rate for [...]
Image by Lou Vest SINGAPORE (Dow Jones)–The Asia crude tanker market is slowing, with increased vessel availability from mid-July, but healthy gasoline and gasoil demand from South Asia may support vessels [...]
In spirit of the 2008 Olympics that kicked off today in Beijing, I came across this interesting article from The Economic Times explaining how this years Olympics brings down ship [...]
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