Product Tanker Stays Strong In Mideast

Friday, January 07, 2000
The New Year started much as the old left off with product tanker markets strong Mideast-Far East and Tran-Atlantic but weak elsewhere. LR2 tanker rates for Mideast-Japan jumped five and ten Worldscale points on successive days, according to brokers.

Offshore

US Offshore Lease Sale Yields $18 Mln in High Bids

Today’s U.S. oil and gas Lease Sale 248 garnered $18,067,020 in high bids for 24 tracts covering 138,240 acres in the Western Gulf of Mexico Planning Area, announced

Canada May Ask Far-offshore Drillers to Pay Extra

Canada may ask oil companies to contribute to the hundreds of millions of dollars or more the country has to pay to an international body if they drill far offshore,

MISC Enters Thai Offshore O&G Market

Energy related maritime solutions and services provider MISC Berhad (MISC) has made inroads into Thailand’s offshore oil and gas market for the first time.

 
 
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