In our last Industry Note, we discussed the progression of China’s methanol demand throughout the past decade and its future prospects. In this Industry Note, we will describe the challenges of coal based methanol Download File[PDF]

This week India witnessed a massive power blackout which affected 620 million people and shows how fragile India's developing economy is , whilst dependent upon an ageing power grid. It is estimated that only about 2% of India's power Download File[PDF]

According to monthly data and weekly estimates from the Energy Information Administration (EIA), US domestic crude production continues to surge higher on increasing drilling activity. Meanwhile, US refiners are finally beginning to Download File[PDF]

With spot market earnings on most MR routes having declined to levels below OPEX and both near and intermediate-term prospects having soured, charterers have decreased their interest in covering forward requirements through Download  File[PDF]

In addition to cutting demand estimates in its recent Oil Market Report, the International Energy Agency (IEA) sliced its forecasts for OPEC production capacity during 2013 by 1.07 mbpd since its December 2011 report. Baseline Download File[PDF]

It was not that long ago that China replaced South Korea as the world’s largest shipbuilding nation. For some time prior to this, China had harboured aspirations to climb into the premier spot with aggressive pricing and massive Download File[PDF]

*During 1H12, TCE earnings on the benchmark CBS‐USG route gained 53% to ~$13,200/day from 1H11 despite an 11% decline in Caribbean‐market fixture activity. The earnings rise came on the back of stronger spot market activity in Download  File[PDF]

It was not that long ago that China replaced South Korea as the world’s largest shipbuilding nation. For some time prior to this, China had harboured aspirations to climb into the premier spot with aggressive pricing and massive
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During 2009 and through the first half of 2010, a general trend in tanker demolition markets emerged whereby tanker demolition sales activity followed a rebound in $/ldt prices offered These ,of course, correlated with the slow rebound Download  File[PDF]

During the first quarter of 2012, the dual closure of Valero’s 235 kbpd Aruba refinery and the remaining 350 kbpd of capacity at Hovensa’s St. Croix facility offered the potential that the loss of this Caribbean refining capacity would Download File[PDF]