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VLCC
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Great Wall Marine Products Used in The World's Most Advanced VLCC
Sep 28, 2016A 308,000 DWT VLCC (Very Large Crude Carrier) produced by Dalian Shipbuilding Industry Co., Ltd. was delivered to Landbridge Group on Aug. 28, which is the 38th VLCC using Sinopec’s Great Wall marine products. The Great Wall ...
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Tankers: Rush of North Sea VLCC Fixtures Could Spell Trouble for Aframaxes
Nov 25, 2015Three VLCC fixtures to lift Forties crude from Hound Point, Scotland, in recent days could hit Aframax freight rates in the North Sea in coming weeks, shipbrokers said Friday. The Al Kout, the Front Page, and the Voyager I were all ...
Tags: Tankers, VLCC Fixtures, crude, Aframaxes
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China Bitumen Blend Demand Continues to Ease
Nov 7, 2015Demand for imported crude, petroleum bitumen blend and straight-run fuel oil by independent teapot refineries in China's eastern Shandong province was relatively weak over this week, given narrowing refining margins on lower oil prices in ...
Tags: crude, petroleum bitumen, fuel oil
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Dated Brent at Nine-Week Low Amid Weak Refining Margins and Cheap Urals
Nov 4, 2015Dated Brent has fallen to a nine-week low, with uncommitted November Brent and Forties cargoes weighing on values amid weak local refinery uptake of the grade, sources said. Dated Brent fell to Forward Dated Brent minus 51 cents/b Monday, ...
Tags: Dated Brent, refiners, crudes
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China: Little Interest Seen for Russian Tender
Sep 12, 2015China's independent teapot refiners are showing little interest in participating in Russian M100 tenders that are set to be issued in late September or early October, market sources said Thursday. Only two 40,000 mt cargoes of Russian ...
Tags: Teapot Refineries, Refineries
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China's October Crude Imports From Iran Surge 36%
Nov 25, 2014China's crude imports from its major suppliers, including Iran, rose significantly in October versus a year ago, save for top exporters Saudi Arabia and Angola, detailed data from the General Administration of Customs showed Saturday, ...
Tags: Crude imports, Crude Oil
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China's Crude Oil Imports in September Rose 7.4%
Oct 13, 2014China's crude oil imports in September rose 7.4% year on year to 27.58 million mt or an average 6.74 million b/d, the second highest on record, preliminary data released Monday by the General Administration of Customs showed. Crude ...
Tags: Crude Oil, Oil Products
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The FOB Singapore 380 CST High Sulfur Fuel Oil Cash Differential Slipped Into a Discount
Mar 6, 2014The FOB Singapore 380 CST high sulfur fuel oil cash differential slipped into a discount Monday due to excess supply. The cash differential for the higher viscosity grade fuel oil fell to a discount of 26 cents/mt Monday, down from ...
Tags: high sulfur fuel, HSFO market
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Teekay Tankers and Teekay Today Jointly Announced The Creation of TIL
Jan 23, 2014Teekay Tankers and Teekay Corporation announce the creation of a new tanker company Wednesday, Jan 22, 2014 Teekay Tankers Ltd. (Teekay Tankers) (NYSE:TNK) and Teekay Corporation (Teekay) (NYSE:TK) today jointly announced the creation of ...
Tags: Teekay, TIL, Peter Evensen, Oslo Stock Exchange
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The Forties Cracking Netback Margin Has Fallen From $0.19/Barrel on January 2
Jan 20, 2014Increased buying interest for North Sea crude oil cargoes, resulting in a sharp increase in price for a number of key grades, has negatively impacted Northwest European refinery margins, according to traders Wednesday. The cracking yield ...
Tags: Refinery, crude oil cargoes
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China's Fuel Oil Imports in November Plunged 29.7% Year on Year to 1.46 Million Mt
Jan 2, 2014China's fuel oil imports in November plunged 29.7% year on year to 1.46 million mt, General Administration of Customs data released Friday showed. The total was also down 12.4% from October. The volume refers to fuel oil classified as No. ...
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Sherwin-Williams and Marine Has Launched SeaGuard
Nov 7, 2013Sherwin-Williams Protective and Marine Coatings has launched SeaGuard, an app that provides users with protective coating recommendations for VLCC/VLBCs, chemical tankers and OSV/PSVs. The app is optimized for both iOS and Android. The ...
Tags: Coatings APP, Construction, Decoration
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Kongsberg Maritime Has Won The Competitive Tender to Conduct an Upgrade
Sep 9, 2013Kongsberg Maritime announces ship's bridge and engine room simulator upgrades for new Dutch maritime training facility Thursday, Sep 05, 2013 Kongsberg Maritime has won the competitive tender to conduct an upgrade and extension of the ...
Tags: Kongsberg Maritime
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Mexico's PMI Is Set to Export 1.4 Million Barrels of Fuel Oil in July
Jul 3, 2013China has taken delivery of around 88,000 mt of Iranian LPG in June after a break of four months, as the Islamic republic extends exports to North Asia in its attempts to circumvent sanctions aimed at preventing it from exporting oil ...
Tags: Metallurgy, Mineral, Energy
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China Has Taken Delivery of Around 88,000 Mt of Iranian LPG in June
Jun 28, 2013China has taken delivery of around 88,000 mt of Iranian LPG in June after a break of four months, as the Islamic republic extends exports to North Asia in its attempts to circumvent sanctions aimed at preventing it from exporting oil ...
Tags: Iranian LPG, Chemicals
