landfall record is an indication that this recent upward phase of activity in the Atlantic basin
was preceded by quiet and active periods of similar magnitude.
Only since the beginning of the 21st century have Francophone scholars--both in France and in Africa--begun to acknowledge and investigate slavery in the Atlantic Basin
Experts predict a quiet year, but that doesn't mean residents of Atlantic Basin
states shouldn't prepare to batten down the hatches and keep emergency stocks well-supplied.
Philip Klotzbach and William Gray of CSU, now in its 30th year of issuing seasonal forecasts for the Atlantic basin
, continue to estimate a 72 percent chance that at least one of these storms will strengthen to a major hurricane (Category 3 or higher) and make landfall somewhere on the U.
Asian refiners are snapping up Middle Eastern and Russian crudes priced on the comparatively cheaper Dubai marker, shunning Brent-linked Atlantic Basin
grades that have become too expensive as the European benchmark strengthens.
Now in its 30th year of issuing seasonal forecasts for the Atlantic basin
, the well-respected CSU has predicted that at least one named storm will be spinning in the Atlantic Ocean for an equivalent of three months during the upcoming hurricane season, which runs from June 1 until November 30, 2013.
A wider Brent/Dubai Exchange of Futures for Swaps (EFS) may curb the flow to Asia of Atlantic Basin
crude, priced on dated Brent, as buyers opt for lower-priced Dubai-linked grades.
General Maritime Corporation (NYSE: GMR), a crude and products tanker company serving principally within the Atlantic basin
, has received notice from the New York Stock Exchange Inc.
Three to five of the forecast storms could potentially become Omajor Atlantic Basin
hurricanes,O according to the NOAA report.
The deal also forms a good basis for future profitable growth, while supporting Valero's Atlantic Basin
margin optimisation strategy.
Yesterday, Seadrill said it would hive off its harsh-environment business in the North Atlantic Basin
into an entity named North Atlantic Drilling and launched the placement.
Brazil, which began importing LNG in 2008, has become a magnet for Atlantic Basin
supply and taken record volumes since August -- about five cargoes a month -- a trend which could continue into November.
The Paris MoU consists of 27 participating maritime administrations and covers the waters of the European coastal states and the North Atlantic basin
from North America to Europe.
There are 2-3 billion barrels of surplus refining capacity in the Atlantic basin
, he adds.
Key Atlantic Basin
products are now in backwardationFor all the hype about the WTI crude oil market potentially moving into backwardation later in the year, European ICE gasoil and NYMEX RBOB gasoline markets in the Atlantic Basin
have quietly started to price in a premium for immediate delivery.