Tanker freight rates tank on China’s proposed consumption tax

China’s plan to impose a consumption tax on mixed aromatics, light cycle oil and bitumen blend has shaken up everyone from the oil industry to the shipping industry.

Tanker freight rates tank on China’s proposed consumption tax

China’s plan to impose a consumption tax on mixed aromatics, light cycle oil and bitumen blend has shaken up everyone from the oil industry to the shipping industry.

Decomposed bodies found in bulker’s ballast tank

Two bodies have been found in the ballast tanks of a Turkey-flagged bulk carrier when it arrived in Taiwan for...

MISC divest stake in tank storage venture VTTI for $830m

Malaysian shipping company MISC is further sharpening its focus on energy and petroleum-related shipping by divesting its 50% stake in tank storage joint venture firm VTTI to Netherlands-based VIP Terminals Finance for $830m in cash with an expected gain

Tank tops? Cushing isn’t the whole oil market: Kemp

Traders do not appear worried that rising oil stocks in the United States will cause storage space to run out in the next few months, ...

Chinese think tank predicts 7.2 percent economic growth in 2015

A Chinese think tank report has predicted China's economy will achieve steady development in 2015 with its...

Vitol Tank boss sees big shift in global oil flows

The global trade in oil products will soon see a massive shift in flows as big refineries are built in...