TANKER

摘要

1.VLCC earnings remained under pressure in February amid ⅰ) a decline in Middle East cargoes, ⅱ) Asian refinery maintenance and ⅲ) high newbuild deliveries in 1Q17. 2.Suezmax enquiry has been trimmed by the rise in Angolan cargoes moving to Asia on VLCCs but a higher Nigerian March loading programme has provided some support. 3.LR markets rose sharply in 2H February as Middle East refineries returned from maintenance and Asian demand increased ahead of seasonal maintenance there. 4.Record US gasoline stocks curbed MR trade from the UKC in February but the arbitrage has since reopened following stock draws.