Register with us today

and in less than 60 seconds continue your access to:Latest news headlinesAnalytical topics and featuresCommodities videos, podcast & blogsSample market prices & dataSpecial reportsSubscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center

Enter your Email ID below and we will send you an email with your password.

  • Email Address* Please enter email address.

If you are a premium subscriber, we are unable to send you your password for security reasons. Please contact the Client Services team.

If you are a Platts Market Center subscriber, to reset your password go to the Platts Market Center to reset your password.

In this list

Rare gasoline Suezmax to load from Ventspils in late January: sources

Electric Power | Nuclear | Natural Gas | Oil | Crude Oil | Metals | Steel

Market Movers Europe, Oct 14-18: Oil markets focus on Putin's Saudi Arabia visit; Brexit looms over carbon market


Platts Dirty Tankerwire

Capital Markets | Commodities | Energy | LNG | Natural Gas | Natural Gas (European) | Natural Gas (North American) | Natural Gas Risk | Shipping | Leveraged Finance & High Yield | Materials | Building & Construction | Financial Services | Banking | Infrastructure | Structured Finance

LNG Conference, 19th Annual

Bunker Fuel | Oil | Crude Oil | Refined Products | Fuel Oil | Jet Fuel | Naphtha | Shipping | Tankers

Asian LR2 tanker rates rise to decade high, above w300

Rare gasoline Suezmax to load from Ventspils in late January: sources

London — A newly built Suezmax is due to load 100,000 mt of gasoline from theVentspils Nafta terminal around January 26, with Vitol as charterer and WestAfrica as the most likely final destination, trading sources said Wednesday.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

The 159,559 dwt Sea Icon, which made its maiden voyage last month as aclean product carrier, is expected to arrive in Ventspils, Latvia, on January26, according to data from cFlow, S&P Global Platts trade flow software.

While the final destination of the vessel remains unconfirmed, manygasoline market participants expect the Sea Icon to sail to West Africa,notably because demand for gasoline into Nigeria is particularly strong at themoment.

"The ship has multiple options," a source at Vitol said.

West Africa is a likely destination as Vitol has shorts into the region,but the Persian Gulf is also a possible destination, a trader said.

Vitol is one of around 17 companies participating in the 2017 edition ofthe Direct Sale Direct Purchase program organized by Nigerian NationalPetroleum Corporation, whereby ten companies are paired with ten othercompanies to export crude from Nigeria and imports gasoline in exchange.

Flows of gasoline into West Africa, especially Nigeria, have increased inthe past month amid gasoline shortages in the oil-producing country sinceearly December.

Since the beginning of the week, a flurry of vessels were heard fixed oron subjects to bring more gasoline from Europe to West Africa, including threelong-range tankers and at least seven medium-range tankers. While most ofthese vessels will load from the Amsterdam-Rotterdam-Antwerp hub, one is toload from Norway and another one from the Baltic.

Over the past ten days, three vessels reportedly loaded gasoline from theBaltic and are en-route to West Africa, according to a shipping report. Thevessels are the Elandra Palm, which sailed from Klaipeda around January 15 andis said to be heading to Nigeria; the Lincoln, which departed from Ventspilson January 22 and is thought to be on its way to Lagos, Nigeria; and the MRAries, which left Tallin on January 13 and is reportedly going to Lome, Togo.

--Virginie Malicier,

--Edited by Derek Sands,