Moving Target
In an effort to head off a potential collapse in the oil market, the Organization of Petroleum Exporting Countries…
Tanker Opinions
Tanker Stocks Running Aground
Investors around the world are collectively holding their breath watching the values of equities deteriorate daily. The credit crisis…
House Passes the Emergency Economic Stabilization Act
The following is a reprint of a noteworthy piece published by the law firm…
Clean Cuts
One market that has stood out rate-wise recently is the clean product trade…
The Stock Stumble
The tumult of the last few days on Wall Street seems to reaffirm…
Rough Seas Ahead
The hurricane season continues full-swing in the Atlantic Basin. Currently, cities along sections of the US Gulf coast are…
Fuel Oil Prospects 2008-2013
The fuel oil industry will continue its pace of fast-changing developments. Fuel oil, “the bottom of the barrel product”,…
Lighter Lightering?
The prospect of an additional offshore oil import platform in the United States Gulf of Mexico has sparked some…
To Fish or Cut Bait
For anyone monitoring the tanker market, the precipitous drop in VLCC freight rates over the past two to three…
As Demand Withers
Ah! The joys of summertime: barbeques, picnics and best of all – vacations! Traditionally, this time of year sees…
Going for the Gold
The moment of truth has arrived for those market forecasters that have long viewed the Olympics in Beijing as…
Bargain Hunting
Newbuilding asset prices have continued to escalate through 2008 to date and are strikingly above long-term historical averages. Since…
