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Latest Shipping News & Analysis


USGC VGO glut hampers arbitrage from NWE despite FCC restarts: traders
London (Platts)--30 Oct 2014 500 pm EDT/2100 GMT

Despite rising US feedstock differentials, the vacuum gasoil arbitrage from Northwest Europe to the US remains constrained amid a glut of VGO in storage on the Gulf Coast and expensive Panamax freight rates, sources said Thursday.
Global oil shippers adrift on troubled seas
June 19, 2012 13:00:00 EST

Though posterity may declare recent years a "boom time" for the oil industry, shipping is one sector where this statement would largely not apply. In this videoRichard Swann and Simon Thorne and Ellie Weir discuss how oil shippers across the globe are coping with falling demand & a huge over-supply of vessels, & changing trading flows.
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