Industry Opinions

Following the death of Hugo Chavez in March of 2013, Nicolas Maduro took over as interim president of Venezuela….

United States and European Union-led sanctions against Iran have significantly reduced Iranian crude oil exports since they were first…

VLCC rates rose to $47,200/d (Worldscale 59) on November 8th for the benchmark Arabian Gulf to Far East voyage,…

Brazilian transportation fuels subsidies have reduced costs for consumers, who have enjoyed longstanding market discount for gasoline and diesel….

Earnings for TD9 have been the highest average year to date, $12,700, since 2010 and compare very favorably to…

Collecting oil inventories and trade flow data at a government agency is particularly challenging – especially when your agency…

Worldscale released their estimated bunker prices for 2014 this week. Over the past year prices have fallen from $686/t…

Depressed freight rate conditions in the early part of the last decade saw the creation of the first tanker…

In today’s market Jones Act tankers command a significant premium as few ships are available in the face of…

A recent uptick on the US Atlantic coast refinery usage has led to an increase in cargoes loading out…