The Tough Choice of Layup
27 February 2017: “When shipowners are faced with depressed earnings over a sustained period, they may opt to temporarily…
Large Tankers Are Cleaning Up Their Act
23 Feb 2017: Long Range 1 (LR1) and Long Range 2 (LR2) product carriers are the coated version of…
The Growing Presence of LNG Traders
20 February 2017: “Last week ENARSA of Argentina concluded a buy tender awarding 14 out of 16 cargoes to…
Transatlantic Oil Swap
17 Feb 2017: Historically, the transatlantic product trade has been a significant source of employment for product tankers. The…
Headline Rates Versus Actual Shipowner Earnings
13 February 2017: Headline spot charter rates are often used as a key indicator of shipowner revenues in the…
OPEC Cuts Down Tanker Demand
10 Feb 2017: It appears that the whole world (at least the people that are interested in oil supply…
The Cost of Technology
6 February 2017: LNG carriers’ propulsion technology has changed dramatically over the last decade. From the early days of…
Pipe Dreams Re-Awakening
3 Feb 2017: On January 24, in his first week in office, President Trump issued several memos and an…
Afra-Maxed Out?
27-Jan-2017: In 2016, global dirty (crude and dirty products) Aframax ton-mile demand increased by 1.1% compared to 2015 while…
ExxonMobil to Buy into Area 4 as Mozambique Projects Advance
25 January 2017: ExxonMobil is expected to become operator of Mozambique’s giant Area 4, with a 25% stake in…
