Surviving Whammies
US refiners are being forced to deal with dismal margins brought about by…
Talking Turkey
For many in the tanker industry, 2009 has been a tough year. Shipowners and charterers alike can commiserate about…
Already in Ship Shape
Late last month, a malfunctioning valve on the barge supplying a product tanker reportedly caused it to spill between…
Tanker Prospects 2010 – 2014
Any attempt to project the course of the tanker market between now and 2014 must confront its position at…
Leveraging Flat Rates
Each year, the Worldscale Association adjusts the flat rates which serve as the starting point for negotiating the cost…
Trick or Treat?
As the Halloween holiday comes creeping in, many shipowners find themselves wondering if the next few weeks will bring…
Barrels Bound East
The rapid growth of China’s oil demand has forced a transition from self-sufficiency enjoyed in the early 1990s toward…
Polar Express
Last month, retreating sea ice allowed two multipurpose heavy‐lift project carriers to complete a…
A Farewell Contango?
The storage of crude oil and petroleum products at sea has been an important factor in the tanker market…
The Road to Recovery
At the onset of the financial crisis last year, the fourth quarter of 2009 was targeted as the likely…
