Let it Float, Let it Float, Let it Float
The world is currently awash in crude as supply exceeds demand due to rapid production growth in North America,…
Construction Under Way At Four US Liquefaction Projects
22 Dec 2014: When the US Department of Energy gave Freeport LNG its final blessing on November 14 to…
LR … 2 Sides to the Story
While comparing the current TCE earnings for an LR2 moving naphtha on an Arabian Gulf – Far East voyage…
Panamaxes Cleaning Up Their Act
Panamax trades have been changing in the last 10-15 years as more and more of the fleet is coated…
The Bottom of the Barrel?
Despite several months of sliding oil prices, OPEC decided not to change their oil production quotas last week. This…
Fuel Efficiency Saves The Day Rate
Everyone in the tanker industry is aware of the recent drop in crude oil prices and the decline in…
West AfriCAN Go East
Until the shale oil revolution in the United States, the West Africa to the U.S. trade route was one…
It’s The Supply Side, Stupid!
Limited fleet growth has been a key factor in the tanker market recovery. During Bill Clinton’s successful 1992 presidential campaign,…
Shipowners Pleased With Energy East
The proposed Energy East Pipeline will be a game-changer for Canadian oil producers and tanker owners. On October 30, 2014…
Asian Oil Demand – Trick or Treat?
Oil demand in China and India is expected to remain resilient. Happy Halloween! To the tanker market, nothing could be…