Tanker Opinions

In the latest ranking of the largest dirty spot charterers we observe some small changes.  Not at the top,…

14 December 2018: One of the challenges in the container shipping industry is the need to reposition empty containers (“empties”)…

7 Dec 2018; 

It is December and another OPEC production cut is around the corner.  The latest reports from Vienna…

30 November 2018: Worldscale is preparing to release its new flat rates for 2019.  Just like last year, and for…

16 Nov 2018; On Friday, 16 November 2018, the Government of Iraq restarted exports of Kirkuk crude oil through the…

11 November 2018: On Thursday, an Aframax crude oil tanker and a Norwegian navy frigate collided off Norway’s west…

11 November 2018: One of the most anticipated events in the oil and tanker market will go into effect on…

26 October 2018: 

Sometimes things just work out.  Until 2006, the United States was a significant (and growing) net importer…

19 Oct 2018; 

VLCC rates on the benchmark TD3c (Ras Tanura – Ningbo) averaged around $16,500 per day during September. …

28 Sept 2018: Last weekend, OPEC published its annual long-term World Oil Outlook, which forecasts global oil demand through…

21 Sep 2018; 

On May 8, President Trump announced the U.S. withdrawal from the Iran nuclear deal.  After a grace…

14 Sep 2018; 

Large oceangoing tankers are generally considered the most cost-efficient way to move crude oil over long distances…