News & Insights

In-house energy news and market-focused insights, powered by Vortexa

LatAm naphtha heads to Europe

17th July 2018
A cargo of Mexican naphtha is making an irregular journey to the ARA region following a recent similar export from Colombia, potentially reflecting weaker demand in the Americas region. The medium-range (MR) tanker Ainazi is expected to deliver its cargo of Mexican naphtha—likely cactus-grade—into Rotterdam around 26 July after loading on 3 July from Pajaritos, where state-run Pemex operates a petrochemical complex. The tanker was chartered by BP to load 38,000t of naphtha from the US ...

West Canada-loaded crude heads to China

11th July 2018
A cargo of Canadian crude that departed from Vancouver at the beginning of July is heading to China, amid an ongoing decline in availability from China’s main heavy sour crude supplier Venezuela, Vortexa data show. The Aframax tanker Serene Sea left Vancouver on 5 July, and is currently signalling Huizhou, where it is predicted to arrive towards the end of the month. While the Vancouver to China crude export route has been rarely sighted in recent years, Canada does more regularly send o...

Jet fuel cargoes float offshore UK

6th July 2018
Several oil products tankers predicted to be storing middle distillates—likely jet fuel—are currently offshore UK ports. Data observed by Vortexa show that at least three tankers which could be holding around 270,000t of product are currently floating. Storing jet fuel on tankers can be lucrative for traders when the market structure is in a deep contango—where future prices are significantly higher than prompt prices—as was last seen in Q3 2016. That said, prevailing prices in ...
Europe to Australia clean oil flows continue
6th July 2018
Australia’s previously more unusual intake of clean petroleum products from Europe looks set to continue in July, extending the trend of recent months. The number of clean oil product tankers moving from Europe to A... Read more
Diesel VLCC begins STS transfers in Med
19th June 2018
The newly built VLCC tanker Maran Aphrodite discharged part of its diesel cargo via ship-to-ship (STS) transfer offshore Malta. Vortexa data shows that the Histria Crown moved off from the Maran Aphrodite on 19 June, ... Read more
Analysis: Weekly European intake of US gasoil rises
14th June 2018
Around 360,000t of US-loaded gasoil, mostly diesel, is estimated to have arrived in Europe in week 23, the highest volume since early November. Vortexa data show imports of US diesel into Europe, including the Mediter... Read more
Indian jet fuel exports to ARA jump in May
5th June 2018
India’s jet fuel exports to ARA rose sharply in May compared with prior months, offsetting a drop that month in flows to other European customers, including France and Italy. Four long range (LR) tankers that loaded... Read more
Argentina moves crude cargo to Europe
5th June 2018
A shipment of Argentinian crude is expected to arrive in Europe this week—the first in at least several years, according to observed flows. The Panamax-sized tanker New Conquest loaded most of its volume from Argent... Read more
Rotterdam-loaded fuel oil heads to Saudi Arabia
17th May 2018
Fuel oil loaded in Rotterdam is heading to Saudi Arabia, as an expected seasonal ramp up in demand sees the kingdom drawing in volumes from northwest Europe, supplementing more regular sources of supply from across the E... Read more
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