The uncertainty about what will happen to bunker prices after 2020 is creating something of a dilemma for tanker owners. We explore whether they should opt for scrubbers or not. As shipowners are normally able to pass on the additional cost of bunkers …
The dilemma of fitting scrubbers Read More »
The New York Times wrote in 1981: “After 10 years of planning and construction, the $700 million Louisiana Offshore Oil Port opened for business on May 7, 1981 when the oil tanker Texaco Caribbean began discharging 1.5 million barrels of crude oil at L…
Going Offshore for VLCC Exports Read More »
Multinational corporations. Exotic offshore locations. A complex industry sector. Shipping has all the ingredients to excite those looking for tax avoidance headlines, yet it has largely escaped the negative publicity that has damaged other sectors. Ho…
Transfer pricing – a reputational risk? Read More »
Key to the six-VLCC Euronav purchase is the biggest name in asset management that has scored a double-digit interest rate on Seaways’ notes
BlackRock the white knight behind International Seaways VLCC deal Read More »
Hedge fund was in John Wobensmith-led owner more than a year and cashes out roughly $9m.
Mangrove clears out of Genco stake Read More »