Selling the Strategic Petroleum Reserve Make Any Sense or Cents
This week the US Senate voted to sell some of the oil from the…
The Tourists Are Coming Can the Oil Be Far Behind?
In September 2003, the United Nations lifted its sanctions against Libya. Last month, the US lifted its 23-year-old travel…
Decisions, Decisions, Stratospheric Scrap Prices:What’s An Owner to Do?
It’s a good time to own a ship that needs scrapping. With rates reaching…
Corn Ain’t Only for Farm Animals Anymore
Laws in 17 US states enacted during the past four years and expected to be implemented through 2006 require…
When U.S. Refineries Shutdown
US refineries have been closing up shop for spring maintenance and it’s going to…
“Powering the Markets: The Chinese Colossus”
On Tuesday February 10, the Norwegian-American and Hellenic-American Chambers of Commerce held their tenth annual joint shipping conference in…
How Do You Say “Limited Partnership”
The tanker market is welcoming a relatively new purchasing structure thanks to the German government’s tax code. What is…
Who is the Biggest of the Clean?
In our January 9, 2004 opinion report, “The More Things Change…The More They Stay the Same”, we tracked the…
Record Low Temperatures in New York,Record High Rates in the Caribbean
While even the most thick-skinned and fur-clad New Yorkers seek refuge from ever-plunging temperatures, Aframax vessel rates skyrocketed to…
The More Things Change…The More They Stay the Same
The 2003 tanker market will be remembered as one of considerable volatility enhanced by fluctuating natural gas prices, European…
