IT Admin Lower Flat Rates, Higher Worldscale Rates in 2014 IT Admin The time of year has come for the Worldscale Association to publish its schedule of nominal freight rates, “flat… Read More
IT Admin Suezmax Salvation? IT Admin Last week, the Suezmax sector finally began to cash in on the freight rate gains exhibited by their larger… Read More
IT Admin Back In Black IT Admin It is well documented that 2013 has been a far cry from a banner year as far as tanker… Read More
IT Admin European Clean Product Exports IT Admin Refinery utilization rates in Europe have been steadily trending lower as crack spreads have declined, challenging owners to turn… Read More
IT Admin Venezuelan Clean Product Taper IT Admin Following the death of Hugo Chavez in March of 2013, Nicolas Maduro took over as interim president of Venezuela…. Read More
IT Admin Australian LNG Projects Brace For Further Delays IT Admin 18 Nov 2014: Timing schedules for the startup of several greenfield LNG projects in Australia continue to shift, with… Read More
IT Admin An Unsanctioned Iran? IT Admin United States and European Union-led sanctions against Iran have significantly reduced Iranian crude oil exports since they were first… Read More
IT Admin VLCC Rates Climb to Highest Levels in 2013 IT Admin VLCC rates rose to $47,200/d (Worldscale 59) on November 8th for the benchmark Arabian Gulf to Far East voyage,… Read More
IT Admin Removal of Brazilian Subsidies to Back Out Clean Product Imports? IT Admin Brazilian transportation fuels subsidies have reduced costs for consumers, who have enjoyed longstanding market discount for gasoline and diesel…. Read More
IT Admin Caribbean Aframax Seasonal Hike Ahead? IT Admin Earnings for TD9 have been the highest average year to date, $12,700, since 2010 and compare very favorably to… Read More
IT Admin China Inches Closer To Russian Pipeline Deal IT Admin 23 Oct 2014: Accompanied by Chinese president Xi Jinping, officials from China National Petroleum Corp made a whirlwind tour… Read More
IT Admin Going GovernMental: EIA Closure and Reopening IT Admin Collecting oil inventories and trade flow data at a government agency is particularly challenging – especially when your agency… Read More