The Fall and Rise of Tanker Rates
The last week of 2004 saw a precipitous fall in VLCC rates from…
Cash Disposal Unit
2003 and 2004 rank among the most profitable years in tanker history. While directionally a good trend for tanker…
From Whence Doth the Business Cometh?
This week we look at the principal charterers for clean cargoes for Aframax, Panamax and Handymax tankers. Excluding failed…
The $70 Million Dollar Man
In the 1970’s, one of the most popular TV shows was “The Six Million Dollar Man.” The premise of…
Exactly What Is In Store for Us?
It is no secret that China is driving several commodity markets, not just oil. Focusing on oil, 2004 can…
What Exactly is in Store for US
It is no secret that China is driving several commodity markets, not just…
Double Feature
In The Christmas Carol by Charles Dickens, Scrooge was given a glimpse of Christmas Past and of Christmas Present….
OPEC Production and VLCC Rates – What It Means
Last week OPEC announced a reduction of about 1 million bpd to stem falling oil prices. The key question…
OPEC Cuts Production– Is There a Message?
OPEC announced today a reduction of about 1 million bpd to stem falling oil prices. Saudi Arabia stated that…
Gyrating Bunker Prices
Bunker prices are an important part of overall costs for operating a tanker. A Vlcc consuming 90 tons per…
Happy Thanksgiving!
It’s a nice tradition to take a day off with the intent of counting all that we should be…
