Logistics & Distribution

Lukoil established a lubricant subsidiary in China as part of its expansion in the Asia-Pacific region. It opened an office in the northwestern city o ...

Need To Know

July 21, 2017

Tom Glenn delivers his thoughts on the evolution of lube distribution channels.

Business is still brisk on certain routes out of the U.S. Gulf. European and Asian markets are similar to each other in some ways as neither are busy, ...

The United States market is still going strong. European markets are just about all unchanged from last week, while Asia sees both positive and negati ...

The U.S. market is on a more even keel, with a few routes even showing strength. European short-sea business has been active, but deep-sea has been sl ...

Indias lube suppliers have long relied on local storage hubs for most sales across the country, but at least some are set to begin consolidating depot ...

The U.S. market has seen a slight upturn in demand, whereas Europe is merely treading water. Asia, inundated with open tonnage during a period of slac ...

Adrian Brown is away. His column will appear again in next week’s issue.

Negativity pervades the global shipping market, especially the deep-sea routes, and while such sentiment is completely justified in some areas, its le ...

Tight market conditions in Asia continue to dominate discussions, with spot prices reported as stable on account of a lack of readily available cargoe ...

The shipping market worldwide – producers, traders, ship owners and brokers – will be happy to shrug off the last couple of months, when a ...

There are soft undertones to almost every market, with substantial reductions in some freights, particularly out of the U.S. U.S. Gulf Ironically, the ...

Adrian Brown is away. His column will appear again in next week’s issue.

Europe remains pretty much unchanged with a steady flow of requirements. Asia, however, is languishing amidst muted activity. The United States, too, ...

A combination of public holidays and weaker crude oil values have kept petrochemical trading deals to a minimum. Freights have consequently come under ...

China imported 10.5 percent more base stocks in 2016, totaling 2.8 million metric tons. Exports increased by 54 percent, to 46,920 tons, in the first ...

Many countries celebrated Labor Day on May 1, which curtailed business opportunities for a large chunk of the global fleet. Business had otherwise sta ...

No region is very active presently. Prospects are rosier in the U.S. than in Europe, but both these markets look better than Asia right now. U.S. Gulf ...

Adrian Brown is away. His column will reappear next week.

The U.S. is moving at a faster pace with better opportunities on all routes. European freight levels are not under undue stress, although owners might ...