VLCC Rates Climb to Highest Levels in 2013
VLCC rates rose to $47,200/d (Worldscale 59) on November 8th for the benchmark Arabian Gulf to Far East voyage,…
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Tanker Opinions
Poten & Partners tanker research and consulting group monitors and analyzes tanker market and energy developments around the world and advises companies on strategy development and implementation. Below you will find our team’s Weekly Tanker Opinions. To subscribe, click here.
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Removal of Brazilian Subsidies to Back Out Clean Product Imports?
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Brazilian transportation fuels subsidies have reduced costs for consumers, who have enjoyed longstanding market discount for gasoline and diesel….
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Caribbean Aframax Seasonal Hike Ahead?
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Earnings for TD9 have been the highest average year to date, $12,700, since 2010 and compare very favorably to…
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Going GovernMental: EIA Closure and Reopening
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Collecting oil inventories and trade flow data at a government agency is particularly challenging – especially when your agency…
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Bunkers stable in 2013, ECA Changes ahead in 2015
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Worldscale released their estimated bunker prices for 2014 this week. Over the past year prices have fallen from $686/t…
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RSVP to the Pool Party
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Depressed freight rate conditions in the early part of the last decade saw the creation of the first tanker…
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Jones Act – Still the king of rates in 2016?
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In today’s market Jones Act tankers command a significant premium as few ships are available in the face of…
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USAC-Born Exports reaching new heights
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A recent uptick on the US Atlantic coast refinery usage has led to an increase in cargoes loading out…
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S.P. aRe Becoming Irrelevant?
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The recent flux in light-sweet crude oil supplies in the Atlantic Basin highlights the United States’ recent strides towards…
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Liby-honest: How lost crude oil flows could be a boon for clean
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Recent developments in Libyan crude oil production, exports and refining are eerily reminiscent of conditions experienced in the spring…
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Adding Fuel to the Eco Ship Fire
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The historically weak freight environment continues to batter the earnings of tanker companies the world over. The high and…
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Post-Panamax Stress Disorder
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On its 99th birthday, the expansion of the Panama Canal poses an existential question for its namesake tanker sector….
