Worldscale’s (Not So) Flat Rates
30 November 2018: Worldscale is preparing to release its new flat rates for 2019. Just like last year, and for…
More (Or Less) To The Med
16 Nov 2018; On Friday, 16 November 2018, the Government of Iraq restarted exports of Kirkuk crude oil through the…
A North Sea Renaissance?
11 November 2018: On Thursday, an Aframax crude oil tanker and a Norwegian navy frigate collided off Norway’s west…
Here We Go Again
11 November 2018: One of the most anticipated events in the oil and tanker market will go into effect on…
Backyard Barrels
26 October 2018:
Sometimes things just work out. Until 2006, the United States was a significant (and growing) net importer…
Tanker Rate Swings
19 Oct 2018;
VLCC rates on the benchmark TD3c (Ras Tanura – Ningbo) averaged around $16,500 per day during September. …
OPEC’s Bunker Boost
28 Sept 2018: Last weekend, OPEC published its annual long-term World Oil Outlook, which forecasts global oil demand through…
That Sinking Feeling
21 Sep 2018;
On May 8, President Trump announced the U.S. withdrawal from the Iran nuclear deal. After a grace…
Railway To Heaven
14 Sep 2018;
Large oceangoing tankers are generally considered the most cost-efficient way to move crude oil over long distances…
Keeping An Eye On The Hurricanes
7 Sep 2018;
This week, tropical storm Gordon, the first major weather event of the 2018 hurricane season, carved through…
