
Tankers: WAF-UKC Suezmax freight rates fall to 10-month low on weak demand
The cost of sending crude oil from West Africa to UK-Continent on Suezmaxes has dropped to a 10-month low due ...
Tankers: MR outlook positive on Atlantic Basin demand, low orderbook: Ardmore
A number of break spots in the Atlantic Basin market amid continued strong demand for clean petroleum products into both Latin America and West Africa, coupled with an end to the CPP inventory runoff for destocking and a historically low order book for Me
Tankers: China Opens Delayed Myanmar Oil Pipeline to Get Mideast Crude Faster
A crude pipeline to southwestern China through its neighbor Myanmar began operations after years of delays, allowing the world’s second-biggest oil user to receive supplies faster from the Middle East and Africa.
Tankers: Rare Panamax booked for US Atlantic Coast-Singapore voyage
In a rare move, a Panamax was put on subjects for a run to Asia loading in the US Atlantic Coast.
TANKERS: Clean MR freight rates in the Americas surge to new 2015 highs
Medium Range clean tanker rates in the Americas shot to new 2015 highs Friday, with no let-up in chartering inquiries throughout the week and fast diminishing tonnage in the Caribbean and US Gulf Coast.