tankers

Oil-product tankers seen unprofitable through 2017 on fleet glut

By Michelle Wiese Bockmann, Bloomberg | February 7, 2013

Tankers that carry about half of the refined oil products transported by sea will lose money for the next five years as an oversupply of the vessels caps earnings, said McQuilling Services LLP.
Tanker charters seen at 17-month low as China demand slides

By Rob Sheridan, Bloomberg | July 18, 2012

The largest oil-tankers booked to haul 2 million-barrel cargoes of crude from ports in the Persian Gulf are poised to slump to a 17-month low as a slowdown in the world’s second-largest economy curbs oil demand.
Japan asked to insure Iran oil shipments as EU sanctions bite

By Isaac Arnsdorf and Chris Cooper, Bloomberg | April 19, 2012

Japan’s government may insure tankers carrying Iranian oil, joining China and India in responding to European sanctions blocking private providers.
Oil tanker rates have quadrupled in last year

By Canaccord Genuity Morning Coffee | March 19, 2012

The tanker market was hit hard last year, mainly due to oversupply, with average daily rates for smaller classes of vessels falling to a low of $4,400. Rates have quadrupled now.

eNewsletter Signup

Education

Everyone wants to be a great trader, but few are able to truly succeed. Here are 12 pieces of trading advice from some of the most iconic traders.

Commodities

Cocoa: Where a resources manager is uncovering a sweet find

So why is an oil and materials manager getting his boots dirty in Sierra Leone? The cocoa plantation is only one example of a company producing a commodity that we believe will be sought by the world’s growing middle class population.

Forex

Dollar weakens on Fed bond-purchase speculation

The dollar fell against the majority of its most-traded peers amid bets Federal Reserve Chairman Ben S. Bernanke will signal the central bank plans to maintain bond purchases that risk debasing the currency.

Regulations

ABM AMRO ordered to pay $1 million for seg fund deficiencies

CFTC orders ABN AMRO Clearing Chicago LLC to pay $1 million to settle charges of segregated and secured fund deficiencies, a minimum net capital violation, books and records violation, and supervision failures.

tankers

Oil-product tankers seen unprofitable through 2017 on fleet glut

Tanker charters seen at 17-month low as China demand slides

Japan asked to insure Iran oil shipments as EU sanctions bite

Oil tanker rates have quadrupled in last year

eNewsletter Signup

From ResourceInvestor.com

Featured Topics

Education

Commodities

Forex

Regulations

FuturesMag.com

Resources

Topics

eNewsletters

Futures Magazine

tankers

eNewsletter Signup

From ResourceInvestor.com

Featured Topics

FuturesMag.com

Resources

Topics