Europe Gasoline, Diesel Barge Swaps Weaken

Maritime Activity Reports, Inc.

April 4, 2016

Gasoline and naphtha crack swaps fell slightly on the week but remained supported by strong export demand for gasoline. 
Tankers carrying around 1 million tonnes of gasoline have been booked from Europe to West Africa in recent weeks, according to Reuters shipping data, following renewed demand from Nigeria.
Gasoline stocks held in the Amsterdam-Rotterdam-Antwerp storage hub fell slightly in the week to Thursday to 1.14 million tonnes, according to Dutch consultancy PJK International. ARA/
Diesel differentials remained under pressure from ample supplies in the region despite high refinery maintenance levels as imports into the region rise.
Tankers carrying around 1 million tonnes of diesel have been booked to load in April from the U.S. Gulf Coast to northwest Europe and the Mediterranean, according to shipping data.
(Reporting by Ahmad Ghaddar and Ron Bousso)
Maritime Reporter Magazine Cover Apr 2019 - Navies of the World

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News