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…
Single and Waiting to Mingle
Heading into the fourth quarter, it is becoming apparent that 2009 is not shaping up to be the pivotal…
Winds of Change for Marine Bunker Fuel Regulations
At the moment, the specter of tightening regulation is a fact of life across nearly every niche of the…
Reading Tea Leaves
After last year’s sudden and dramatic wrecking of the world’s economies, the sterling perception…
Going With the Flow
Last week, 500,000 bbls of Colombian Castilla blend crude oil flowed through the Petroterminal de Panama (PTP) pipeline in…
