The Stock Stumble
The tumult of the last few days on Wall Street seems to reaffirm…
Emissions Trading: Hot Air or Wave of the Future?
Judging from the headlines, the European Union’s Emissions Trading System must be a roaring success, driving the replacement of…
Rough Seas Ahead
The hurricane season continues full-swing in the Atlantic Basin. Currently, cities along sections of the US Gulf coast are…
Fuel Oil Prospects 2008-2013
The fuel oil industry will continue its pace of fast-changing developments. Fuel oil, “the bottom of the barrel product”,…
Lighter Lightering?
The prospect of an additional offshore oil import platform in the United States Gulf of Mexico has sparked some…
To Fish or Cut Bait
For anyone monitoring the tanker market, the precipitous drop in VLCC freight rates over the past two to three…
South Africa Poised to Join LNG Import Club
South Africa could soon join Argentina, Brazil and Chile in the southern hemisphere’s import club. The Petroleum, Oil and…
As Demand Withers
Ah! The joys of summertime: barbeques, picnics and best of all – vacations! Traditionally, this time of year sees…
Going for the Gold
The moment of truth has arrived for those market forecasters that have long viewed the Olympics in Beijing as…
Bargain Hunting
Newbuilding asset prices have continued to escalate through 2008 to date and are strikingly above long-term historical averages. Since…