VLCC
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American Shipper
How ‘Twilight Zone’ tanker rates translate into cold, hard cash
Headlines may proclaim "$300,000 per day" but most crude tankers are not making anything close to that.
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Energy
Tanker shipping demand nightmare – fact of fiction?
Peak oil demand "lurks like a monster in the shadows," warns Stifel analyst Ben Nolan.
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Asia-Pacific
China Merchants Energy Transportation funds fleet renewal with private placement
Shanghai Stock Exchange-listed China Merchants Energy Shipping (SSE:601872) is engaging in a new private share placement of up to 4.1 billion Chinese Yuan to fund…
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Maritime
Today’s Pilot: Maritime and Economic round-up from Asia – Oct 3
Australia’s east coast grains industry suffers an ongoing drought causing severe shortfalls, and grains are being moved from West Australia to East Australia in record…
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Canada
Today’s Pilot: Maritime and Economic round-up from Asia
A quick round-up of what you need to know about maritime today, but didn’t have time to learn about, yet.
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Maritime
Scrapping of the largest tankers already triple 2017 volume, more likely to go
A prolonged bear market for crude oil tankers have resulted in the deletion of triple the number of ships sold for scrap, compared to last…
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