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Tankers: LR1 shipowners picking up voyages to US on slowdown in Persian Gulf
November 27, 2015
As Persian Gulf freight rates lurk around their lowest levels for the year, some shipowners are chartering out their LR1 ships for voyages into the US in the hope of finding better returns in a relatively stronger West market. At least five LR1 ships have been fixed in the last one week on the West Coast India-US Atlantic Coast routes, significantly below the last done rates, amid a better outlook for the LR1 rates in the West.
Golden Age or Bronze Age: Where is the clean tanker market heading?
October 2, 2015
Freight rates have improved this year, but as with any commodity, there's no crystal ball to tell the market for sure if current price trends are sustainable.
US crude oil export state of play
September 11, 2015
On Sep 10, House Energy and Commerce subcommittee passed HR 702, which would repeal all limits on US crude exports. Platts Brian Scheid on the implications of this policy.

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