Tanker Rates Rebound

Friday, January 19, 2001
Tanker freight has started to rebound after two days of frantic fixing, but any gains will be capped by slowing business in February when numerous U.S. refineries shut down for maintenance, brokers said. "We should be seeing W180 next week as tanker supply thins out," said a U.S. broker. On Thursday, brokers reported that Caribs tanker freight had fallen as low as W165, about 100 points down on the prevailing market rate two weeks ago.

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

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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.

Tanker Trends

Big Tankers' Need for Retrofit Slows Use of New Panama Canal

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Pressure Mounting on VLGCs Rates - Drewry

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Russian Tanker Detained in Malaysia

The Malaysian Maritime Enforcement Agency (MMEA) detained a Russian oil tanker Zolotoi Most along with 25 crew members for anchoring off Tanjung Piai without authorization,

 
 
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