No Longer Just A Pipe Dream
Despite a recently released environmental impact study with a more favorable than expected outcome for would-be shippers, it remains…
Aframaxes: Up and Down, But Don’t Count Them Out
The past few weeks have proven to be a wild ride for the Aframax sector. Although freight rates are…
Rising Wave of Investment in VLCCs
Capital from private equity firms has been markedly reshaping financing options for shipowners. Recently, much has been said about…
Japan Plans For More Lean LNG Despite Uncertainty
12 Jan 2014: Tokyo still sees LNG from the US as a panacea for the country’s widening trade deficit,…
Saudi Arabian Crude and the US Market
Over the past few years US domestic crude oil production has supplanted foreign crude oil imports. To the extent…
The East Has It: Top Reported Dirty Spot Charterers for 2013
The rankings for the top charterers of 2013 remain largely unchanged from last year with number one seed Unipec…
Caribbean Crude
Caribbean crude oil has historically been a main feedstock for US Gulf Coast refineries. However, the recent surge in…
Panama Canal Prepares For Expansion In 2015
23 Dec 2014: Interest in the Panama Canal expansion, which will double transit capacity through the waterway, is growing…
Lower Flat Rates, Higher Worldscale Rates in 2014
The time of year has come for the Worldscale Association to publish its schedule of nominal freight rates, “flat…
Suezmax Salvation?
Last week, the Suezmax sector finally began to cash in on the freight rate gains exhibited by their larger…
