Venezuela: Squandering a Gold Mine
While it is difficult to assess the degree to which daily life in Venezuela has deteriorated since president-elect Nicolas…
State Unveils Plans To Take Equity Stake In Alaska LNG
25 Feb 2014: While non-binding, commercial agreements signed on January 14 confirm plans by the state of Alaska to…
Is the Dragon Draggin’?
For most of the past decade, China has been the saving grace for the tanker, and other, shipping markets….
Leaving Some with a BITR Taste
The market landscape for crude oil and refined product trades has an inherent element of shifting sand, presenting an…
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…