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Latest From Martyn Wingrove
In his final essay as Lloyd’s List energy editor, Martyn Wingrove reflects on a decade of radical change in the oil industry, the focus of which has switched to developing challenging fields in remote locations
Products shipments from eastern Asia, the US Gulf and and Europe to Argentina and Brazil rise
Owners put off by high costs and losses that result from demolition
Surge in newbuildings this year set to depress market until end of 2011
Move to prevent conflicts of interest and to allow units to be redeployed more easily
Arntzen’s predictions of shrinking MR fleet are disputed, but LR1 outlook more positive