Ultimate Beige Holdings Limited

ULTIMATE - BEIGE HOLDINGS, { UBH), is a market leader in providing integrated solutions within express logistics, contract logistics, project logistics, ocean and air cargo.

Over the past years of existence, UBH, has pioneered critical offerings in niche sectors. At UBH, bench marked quality standards, standardized processes and operational excellence across services has helped UBH in emerging as a market leader within several verticals.

Operating as usual

Untitled Album 08/07/2015

Untitled Album

Pretwum Logistics, Energy, Oil & Gas Ltd, {P.L.E.O.G.L}, is a Shipping Company and an oil
and gas service provider, based in Ghana. The company provides marine transportation of oil and gas products. It provides VLCC Chemical Tankers of all range of capacity from Length x Breadth: 274 m X 45 m Gross Tonnage: 81194, Deadweight: 149849 t as well as AFRETRAMPS and manages vessels by TIME INC AND ANTONOUI BROSS LAW OFFICE. The company offers ship owning, ship chartering and ship management activities. {P.L.E.O.G.L}, customers include HERRARA PETROLUEM - USA, GAMANK INVESTMENTS GH LTD,OGBODO GIANTS PLC NIG., LEINA Petroleum Oil Vertriebs GesmbH and Petrochemical Company among others. The company partners with TIME INC. & ANTONIOU BROSS LAW OFFICE and also acts as Brokers for Estoril Navigation Ltd.

M.T " TORM GERTRUD" - OPERATIONS 08/07/2015

M.T " TORM GERTRUD" - OPERATIONS

PRETWUM ENERGY,LOGISTICS , OIL & GAS LTD; DIRECTOR OF OPERATIONS WITH HIS TEAM OF PROFESSIONAL TEAM UNDERGOING OPERATIONS @ 3.7 NAUTICALES MILE OFF BREAKWATER..!!!!!

M.T " TORM GERTRUD" - OPERATIONS 08/07/2015

M.T " TORM GERTRUD" - OPERATIONS

PRETWUM ENERGY,LOGISTICS , OIL & GAS LTD; DIRECTOR OF OPERATIONS WITH HIS TEAM OF PROFESSIONAL TEAM UNDERGOING OPERATIONS @ 3.7 NAUTICALES MILE OFF BREAKWATER..!!!!!

M.T " TORM GERTRUD" - OPERATIONS 08/07/2015

M.T " TORM GERTRUD" - OPERATIONS

M.T " TORM GERTRUD" - OPERATIONS 08/07/2015

M.T " TORM GERTRUD" - OPERATIONS

M.T " TORM GERTRUD" - OPERATIONS 08/07/2015

M.T " TORM GERTRUD" - OPERATIONS

M.T " TORM GERTRUD" - OPERATIONS 08/07/2015

M.T " TORM GERTRUD" - OPERATIONS

M.T " TORM GERTRUD" - OPERATIONS 08/07/2015

It was nice operating from Ghana international waters with my dedicated men !!! Now taking this experience to UAE...

20/04/2013

Pretwum Logistics, Energy, Oil & Gas Ltd, {P.L.E.O.G.L}, is a Shipping Company and an oil
and gas service provider, based in Ghana. The company provides marine transportation of oil and gas products. It provides VLCC Chemical Tankers of all range of capacity from Length x Breadth: 274 m X 45 m Gross Tonnage: 81194, Deadweight: 149849 t as well as AFRETRAMPS and manages vessels by TIME INC AND ANTONOUI BROSS LAW OFFICE. The company offers ship owning, ship chartering and ship management activities. {P.L.E.O.G.L}, customers include HERRARA PETROLUEM - USA, GAMANK INVESTMENTS GH LTD,OGBODO GIANTS PLC NIG., LEINA Petroleum Oil Vertriebs GesmbH and Petrochemical Company among others. The company partners with TIME INC. & ANTONIOU BROSS LAW OFFICE and also acts as Brokers for Estoril Navigation Ltd.

20/04/2013

Tanker Shipping - primarily positive prospects for products

The start of 2013 has been tough on crude oil tanker owners, who face another challenging year. Meanwhile, optimism seems to remain in the clean product segments.

Demand:
”The smaller the better” seems to be the mantra in the tanker segment these days. Whilst all crude tanker segments enjoyed a spike in earnings in late December, the subsequent drop hit the VLCC much harder than the Aframax segment. Earnings for VLCCs currently hover around USD 5,000 per day, while Aframax vessels earned USD 15,217 per day in the week ending 1 February. The lack of westbound cargoes from the Arabian Gulf is particularly troublesome for VLCC owners.

The story is the same for product tankers; LR1 and LR2 earnings plummeted throughout January, currently earning around USD 7,500 per day. Meanwhile, the MR and Handysize product tankers kept up the good spirits built up throughout the second half of 2012 and Handysize tankers in particular seem to be flying, with earnings going north of USD 20,000 per day.

The demand for VLCC going forward will primarily be driven by exports to the Far East. Whilst the Far East receives most of its crude oil from the Arabian Gulf, the increased demand will hopefully also benefit exports from West Africa. The sailing distance from Bonny (Nigeria) to Chiba (Japan) is 63% longer than from Ras Tanura, meaning that West African exports to China is a better story for the shipping industry on a tonnes-mile basis.

For product tankers, the place to be is the Atlantic basin, with the Handysize Rotterdam-New York rates staying around WS 190 at the moment, while Handysize Singapore-Chiba route only attracts WS 130. This translates into an earnings difference of USD 18,000 per day between the two routes, which explains why owners try to bail out from the Eastern market into the Atlantic basin.

20/04/2013

Focus on the US and structural changes likely to impact tankers.

Demand:
The tanker market is doing full steam ahead – not in relation to demand, earnings or actual operating speed, but in relation to structural demand changes in the West. At the epicentre of this is the world’s most thirsty oil consumer – the US. Not to be missed by anyone, the US oil demand recorded a 16 years low in 2012. Back in 2005, the US consumed 20.8 million of barrels per day (m/bpd), in the same year the domestic oil production stood at 5.2 m/bpd. Today 18.6 m/bpd is consumed, 6.5 m/bpd is produced and imports of Canadian oil are the growth story. No wonder the tanker industry which provides seaborne oil into the US is in limbo.

Coincidentally with a lower and lower oil demand in the US, the US domestic production of crude oil knows only one way. In excess of 0.5 million barrels a day more is produced domestically over the past year as compared to the previous year. This has left inventories swollen and the surplus has put downward pressure on current WTI and Brent prices as well as on the forward curve for oil prices. A forward curve in backwardation (where future prices are lower than spot prices) is now the new long-term normal – leaving little incentive for traders to deploy tankers for floating storage.

Taking that into consideration our eyes turn to the new thirsty kid in the class, China. Since China is building refinery on a really large scale, import of crude oil is very relevant to focus on. Will China take more and more oil from West Africa and South America? And will this be enough to offset the decline in Western demand from the Persian Gulf, where Europe is also consuming at a smaller and smaller scale? The crude oil tanker industry surely hope so, as increased oil production in North America currently looks more likely to provide impetus for the product tanker industry.

In short the US distribution of oil product consumption looks like this: roughly half stems from motor gasoline, with another 20% coming from gasoil and 12% from LPG. There is no abrupt change in this going back in time, but more some gradual changes as can be seen from the graph below. Residual fuel oil, while not a big part of demand (2%) has experienced a tremendous drop, while all other products have experienced a drop of 0-30% compared to 2000.

Telephone

Address


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