Industry Opinions

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Leveraging Flat Rates

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Each year, the Worldscale Association adjusts the flat rates which serve as the starting point for negotiating the cost…
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Trick or Treat?

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As the Halloween holiday comes creeping in, many shipowners find themselves wondering if the next few weeks will bring…
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Barrels Bound East

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The rapid growth of China’s oil demand has forced a transition from self-sufficiency enjoyed in the early 1990s toward…
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Polar Express

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Last month, retreating sea ice allowed two multipurpose heavy‐lift project carriers to complete a…
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A Farewell Contango?

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The storage of crude oil and petroleum products at sea has been an important factor in the tanker market…
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The Road to Recovery

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At the onset of the financial crisis last year, the fourth quarter of 2009 was targeted as the likely…
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Reading Tea Leaves

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After last year’s sudden and dramatic wrecking of the world’s economies, the sterling perception…
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Going With the Flow

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Last week, 500,000 bbls of Colombian Castilla blend crude oil flowed through the Petroterminal de Panama (PTP) pipeline in…
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