What Happens When Saudi Production Goes Up
Recent press clippings indicate that Saudi Arabia is willing to expand production to prevent runaway oil prices. Apparently memories…
Tanker Opinions
$100+ Per Barrel Crude: April Fool?
Goldman Sachs did a gutsy thing: they stuck their neck out. They have publicly commented that the upper range…
And the Beat Goes On
One of the big drivers of tanker demand is worldwide demand for crude oil. As discussed in this opinion,…
Bunkers Go Bonkers
How are bunkers (380 CST) over $200 a ton, and marine diesel oil (MDO) inching close to $500 per…
The Aframax Family Tree
Family trees allow us to figure out who is related to whom– here…
Suezmaxes Surface Calm – Hidden Undercurrents
The volume of Suezmax spot fixtures has been around 2,100 since 2000 other than for a dip in 2001….
Crude Inventories – Friend or Foe to Tankers?
The most recent OPEC Monthly Oil Market Report (www.opec.org) listing of world oil inventories shows an uptrend, but does…
Transatlantic Highs
The number of handymax clean cargo transatlantic voyages is reaching new highs. The…
Shipping without Borders
This past week, the Eleventh Annual Shipping Conference sponsored by the Hellenic-American and the Norwegian-American Chambers of Commerce was…
The Fall and Rise of Tanker Rates
The last week of 2004 saw a precipitous fall in VLCC rates from…
Cash Disposal Unit
2003 and 2004 rank among the most profitable years in tanker history. While directionally a good trend for tanker…
From Whence Doth the Business Cometh?
This week we look at the principal charterers for clean cargoes for Aframax, Panamax and Handymax tankers. Excluding failed…
