The Tough Choice of Layup
27 February 2017: “When shipowners are faced with depressed earnings over a sustained period, they may opt to temporarily…
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Industry Opinions
Erik Broekhuizen
Large Tankers Are Cleaning Up Their Act
Erik Broekhuizen
23 Feb 2017: Long Range 1 (LR1) and Long Range 2 (LR2) product carriers are the coated version of…
Abdullah Alazzaz
The Growing Presence of LNG Traders
Abdullah Alazzaz
20 February 2017: “Last week ENARSA of Argentina concluded a buy tender awarding 14 out of 16 cargoes to…
Erik Broekhuizen
Transatlantic Oil Swap
Erik Broekhuizen
17 Feb 2017: Historically, the transatlantic product trade has been a significant source of employment for product tankers. The…
Abdullah Alazzaz
Headline Rates Versus Actual Shipowner Earnings
Abdullah Alazzaz
13 February 2017: Headline spot charter rates are often used as a key indicator of shipowner revenues in the…
Erik Broekhuizen
OPEC Cuts Down Tanker Demand
Erik Broekhuizen
10 Feb 2017: It appears that the whole world (at least the people that are interested in oil supply…
Abdullah Alazzaz
The Cost of Technology
Abdullah Alazzaz
6 February 2017: LNG carriers’ propulsion technology has changed dramatically over the last decade. From the early days of…
Erik Broekhuizen
Pipe Dreams Re-Awakening
Erik Broekhuizen
3 Feb 2017: On January 24, in his first week in office, President Trump issued several memos and an…
Erik Broekhuizen
Afra-Maxed Out?
Erik Broekhuizen
27-Jan-2017: In 2016, global dirty (crude and dirty products) Aframax ton-mile demand increased by 1.1% compared to 2015 while…
Abdullah Alazzaz
ExxonMobil to Buy into Area 4 as Mozambique Projects Advance
Abdullah Alazzaz
25 January 2017: ExxonMobil is expected to become operator of Mozambique’s giant Area 4, with a 25% stake in…
Erik Broekhuizen
Tanker Supply Cloud Has A Silver Lining
Erik Broekhuizen
19 Jan 2017: We recently updated the age profile statistics for the tanker fleet. At first glance, this is…
Abdullah Alazzaz
Qatar Petroleum to Merge RasGas, Qatargas Operating Companies
Abdullah Alazzaz
Qatar Petroleum is merging the RasGas and Qatargas operating companies under a single entity – Qatargas. The merger is…
