Logistics & Distribution

U.S. lubricants and chemicals producer Ashland Inc. and Russias TNK-BP signed a five-year agreement to distribute Valvoline passenger car products in ...

Another largely unexciting week. The U.S. market is mostly unchanged, as is the market in Asia. European coastal routes picked up a bit, whereas deep- ...

Fuel and lubricants packager and distributor SMF Energy and its subsidiaries filed Chapter 11 bankruptcy petitions in Florida, saying efforts to reduc ...

Most trading areas went off the boil over the Easter holidays, but Europe seems to be taking an extended break as all routes out of Europe have been v ...

The U.S. Gulf remains tight, yet freights managed to fall on several trade lanes. Europe had a much quieter week, and some routes registered lower num ...

There is still a certain amount of tightness in vessel space in the U.S., and the Mediterranean continues to be active in Europe, but overall there is ...

U.S. markets are heating up again, and space looks tight on all routes for the balance of March. European coastal markets remain busy, but deep-sea tr ...

Iraq to Get Shell Lubes

March 7, 2012

Mared Iraqiya, a member of Malia Group, will distribute Shell Lubricants products in Iraq. Iraq is an important market for Shell, said Amr Adel, gene ...

SSY Base Oil Shipping Report

February 29, 2012

United States markets remain on a firm footing with tight tonnage supply and steady demand. European domestic business is satisfactory, but deep-sea v ...

Cortec launched a new Middle East joint venture with its regional distributor United Corrosion Technologies to supply corrosion inhibitors in the regi ...

SSY Base Oil Shipping Report

February 22, 2012

U.S. markets look tighter this week. European coastal markets are thriving on a mixture of increased demand and bad weather. Asian markets are a bit t ...

Craft Oil Nabs Neslo

February 15, 2012

Craft Oil Co. announced Feb. 10 it acquired Neslo Petroleum Products Inc. in Ford, New Jersey. The lubricant distributor did not disclose terms of the ...

Pertamina Targets China

February 15, 2012

Pertamina, Indonesias national oil company, has appointed Tengyu Trading (Shanghai) Co. Ltd. to distribute its motor oils to 26 provinces in China. T ...

SSY Base Oil Shipping Report

February 15, 2012

Some routes out of the U.S Gulf saw some erosion on freights this week. European markets are nearly all busy. In Asia, there has been some slippage on ...

SSY Base Oil Shipping Report

February 8, 2012

It is a tight picture in the U.S. Gulf of Mexico for February loading. Europe is enjoying a strong performance in the local market, but not much is ha ...

SSY Base Oil Shipping Report

February 1, 2012

There has been little change in the U.S. market this week, and in Asia business has yet to resume to normal operations after the holidays. European co ...

SSY Base Oil Shipping Report

January 25, 2012

The lunar holiday effectively slowed most of the business in the Asian market causing some incidental impact on European and U.S markets, but other re ...

SSY Base Oil Shipping Report

January 18, 2012

The European market has seen brisk trade during the past week. The U.S. Gulf remains tight on January space with good demand reported, and Asia is muc ...

SSY Base Oil Shipping Report

January 11, 2012

The first week of the New Year has been subdued in all regions, but this is normal. It takes a little longer for companies to review the stock situati ...

SSY Base Oil Shipping Report

December 7, 2011

Rates continue to increase in the U.S. Gulf because of high demand and limited space. Europe is sedate in comparison. Asia has plentiful tonnage suppl ...