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Monday, 13 August 2018 | 01:54
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Tanker Market: VLCC Market Still Lacking Upwards Momentum

13/08/2018

VLCC
Basis 270,000mt AG/China rates slipped to WS 52, with talk of 2004-built tonnage agreeing WS 49.5. Total fixed to Japan at WS 50, while Korea also went at WS 50. For USG rates also softened to around WS 24.25

Genscape : Permian Basin Drilling Results in Continued Growth of PADD 3 Diesel Demand

13/08/2018

Diesel demand in the U.S. Gulf Coast (PADD 3) has shown remarkable year-on-year growth in 2017 and 2018, according to Genscape Supply Side data, linked to the resurgence in Permian Basin crude oil production. However, this year-on-year diesel demand growth

13/08/2018
China’s Ministry of Transport said it is soliciting feedback from oil companies, shipowners’ and port associations, and marine authorities for
13/08/2018
The overall value of bulk carriers on the water remains higher than the global Tanker fleet. However, the amount of
13/08/2018
World oil indexes edged up at the start of the week on the implementation of the first round of sanctions
13/08/2018
The Unifeeder Group (‘Unifeeder'), the largest Pan-European feeder and shortsea operator, today announced the signing of the agreed acquisition of
13/08/2018
A pilot project between GE Transportation and the Port of Long Beach to enhance advance planning at the busiest port
13/08/2018
A smart port thanks to innovative technology: that’s what the port of Antwerp is fast becoming. Now a new milestone
13/08/2018
The use of tugboats to assist vessels in and out of our harbours can be traced back to the mid-19th
13/08/2018
Anxiety over the COSCO-OOCL deal and a loss of traffic on the US West Coast are occupying port managers’ minds.
13/08/2018
It has been a trying few weeks for Ismaïl Omar Guelleh, president of Djibouti, at a time when most other
13/08/2018
As the U.S. finalized its list of $16 billion of products from China that will be subject to a 25%
13/08/2018
This year, the US has turned into the world’s largest oil producer alongside top exporters Saudi Arabia and Russia, all
13/08/2018
Asian spot liquefied natural gas (LNG) prices held largely steady this week as healthy demand and relatively tight supplies supported
13/08/2018
Four ships, Tempanos, African Buzzard, Argent Hibiscus and Al-Soor-II carrying Containers, 55,000 tonnes Coal, 31,845 tonnes Chemicals and 54,972 tonnes
13/08/2018
Container ship growth has cascaded into dry bulk handling as operators demand larger mobile harbour cranes to provide handling for
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