ASIA TANKER: VLCC rates at 52 week lows; Syrian impact unclear
Image courtesy Frontline SINGAPORE (Dow Jones)–Asia’s crude-tanker market may stay in the doldrums due to a supply overhang, despite stable
Image courtesy Frontline SINGAPORE (Dow Jones)–Asia’s crude-tanker market may stay in the doldrums due to a supply overhang, despite stable
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
Image courtesy Frontline Oslo-listed oil tanker giant Frontline Ltd. (FRO.LN) Friday said it swung to a $35.24 million net loss in the second quarter, from a
Image courtesy Frontline LONDON (Dow Jones)–Very Large Crude Carrier shipping rates on the benchmark Middle East to Japan route (Ras Tanura/Chiba)
Image: Frontline Tankers SINGAPORE (Dow Jones)–Asia’s freight markets for vessels carrying clean petroleum products may stay bullish in the coming
Image courtesy Frontline SINGAPORE (Dow Jones)–Asia’s crude tanker market may stay depressed by heavy supply as September booking begins, but
(Dow Jones) Teekay Corp.’s (TK) second-quarter loss narrowed as the tanker-ship company posted a slimmer loss on derivative instruments than the
SINGAPORE (Dow Jones)–Asia’s crude tanker market may bottom out in the coming week, with charterers rushing to fix cargoes before the completion of
Correction to this article… Ship brokers MJLF & Associates pointed out to us this morning that VLCCs burn ~100MT of fuel per day, which results in
Photo: Liao Shu-ling, Taipei Times SINGAPORE (Dow Jones)–The freight market for vessels carrying clean petroleum products may weaken in the coming
Spread Between Futures Contracts Makes Stashing Crude Offshore Attractive LONDON (Dow Jones)—Storing oil in tankers offshore is on the rise again in the
SINGAPORE (Dow Jones)–Asia’s clean-petroleum tankers market will likely stay supported by increasing naphtha demand in the coming week, while slow
LONDON (Dow Jones)–The number of ships storing crude off the U.S. Gulf Coast has risen to six, shipbroker ICAP said Friday in a note. Three very large
Image (c) BP p.l.c. SINGAPORE (Dow Jones)–Asia’s crude tanker market may begin to recover due to declining availability of vessels in early
(EUNAVFOR) Late on the morning of 16 July, it was reported by the owners that the MV JUBBA XX, a laden tanker, had been pirated in the northern Indian Ocean,
Image courtesy of Stena Bulk SINGAPORE (Dow Jones)–High availability of vessels is pressuring Asia crude tanker markets, while rates for ships that carry
Image from minnesotansforglobalwarming.com PERTH (Dow Jones)–State-owned China Ocean Shipping (Group) Co. said Monday that oil-price speculators are
Norwegian shipping and seafood company Stolt-Nielsen Ltd. (SNI.OS) Thursday announced a second quarter net profit of $32.4 million, from $27.5 million, boosted
Image by Dmitrios LONDON (Dow Jones)–A fire that broke out on an oil tanker after a pirate attack off the Yemeni coast has now been extinguished, an
LONDON (Dow Jones)–Two oil tankers have been booked for use as floating storage vessels off the U.S. Gulf Coast this month, shipping brokers told Dow
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