Made in China
It is difficult to deny the severe tanker oversupply situation. Worldwide oil demand has recovered globally surpassing its 2007…
To Some Avail
The pre-Halloween snow storm on the US Atlantic coast and the impending winter weather in the northern hemisphere are…
Tanker Prospects 2012-2016
The past year has been characterized by much pessimism. Freight rates have remained well below breakeven levels for many…
Tri-Angling for Earnings
Freight rates for the Arabian Gulf – US Gulf VLCC voyage have averaged less than Worldscale WS 37 year…
Bears in the China Shop
Recent figures indicating a cooling of Chinese growth have generated fresh concern over the health of the global economy….
Pirates… What Arrr They Good For?
Absolutely nothing! Pirates on television can be charmingly swarthy, but there is nothing entertaining about the reality plaguing shipping…
How Low Can You Go?
September marks the end of a particularly brutal summer. Assessed earnings on the Arabian Gulf to Far East benchmark…
Public Displays of Capital Injection
When the market gets tough, the tough get going. There is no doubt that the public markets provide a…
Importing is Light Sweet Sorrow
Last Tuesday, US Atlantic Coast refiner Sunoco announced its plans to exit the refining business by unloading its “unprofitable”…
Syria of Events
The violent response of Syrian leader Bashar al Assad to the ongoing pro-democracy protests since March of this year…