Lower Flat Rates, Higher Worldscale Rates in 2014
The time of year has come for the Worldscale Association to publish its schedule of nominal freight rates, “flat…
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Tanker Opinions
Poten & Partners tanker research and consulting group monitors and analyzes tanker market and energy developments around the world and advises companies on strategy development and implementation. Below you will find our team’s Weekly Tanker Opinions. To subscribe, click here.
IT Admin
Suezmax Salvation?
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Last week, the Suezmax sector finally began to cash in on the freight rate gains exhibited by their larger…
IT Admin
Back In Black
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It is well documented that 2013 has been a far cry from a banner year as far as tanker…
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European Clean Product Exports
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Refinery utilization rates in Europe have been steadily trending lower as crack spreads have declined, challenging owners to turn…
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Venezuelan Clean Product Taper
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Following the death of Hugo Chavez in March of 2013, Nicolas Maduro took over as interim president of Venezuela….
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An Unsanctioned Iran?
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United States and European Union-led sanctions against Iran have significantly reduced Iranian crude oil exports since they were first…
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VLCC Rates Climb to Highest Levels in 2013
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VLCC rates rose to $47,200/d (Worldscale 59) on November 8th for the benchmark Arabian Gulf to Far East voyage,…
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Removal of Brazilian Subsidies to Back Out Clean Product Imports?
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Brazilian transportation fuels subsidies have reduced costs for consumers, who have enjoyed longstanding market discount for gasoline and diesel….
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Caribbean Aframax Seasonal Hike Ahead?
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Earnings for TD9 have been the highest average year to date, $12,700, since 2010 and compare very favorably to…
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Going GovernMental: EIA Closure and Reopening
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Collecting oil inventories and trade flow data at a government agency is particularly challenging – especially when your agency…
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Bunkers stable in 2013, ECA Changes ahead in 2015
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Worldscale released their estimated bunker prices for 2014 this week. Over the past year prices have fallen from $686/t…
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RSVP to the Pool Party
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Depressed freight rate conditions in the early part of the last decade saw the creation of the first tanker…
