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Tanker Shipping - Strong demolition prices and volume supports an uneventful market looking forward

17 June 2014

Demolition prices have been on the rise since late last year and recently reached the same high levels seen in the beginning of 2012. In two of the major demolition markets, India and Pakistan, the positive development started around October 2013 after a year of more or less status quo. In China, also a large market for demolition, development has been the opposite, with slowly declining prices since the beginning of 2013.

Tanker Shipping - Crude oil tankers buoyed by low supply growth, as winter season approaches

15 October 2014

The world seems to be awash with oil these days, to an extent that no geo-political tensions in the oil-rich producing nations can make us “scared enough” to hike oil prices. We seem to have become accustomed to a world where such tension is the norm. This is very good news for the world economy, as it brings down the cost of energy – despite a number of ongoing major conflicts and the challenges related to Ebola in West Africa.

INTERCOA 80

20 September 2016

The INTERCOA 80 is a tanker contract of affreightment. A contract of affreightment is an agreement between an owner and a charterer for the carriage of a certain amount and type of goods between agreed ports over a given period of time. It is not limited to a particular ship, but operates as a series of voyage charter parties. INTERCOA 80 was designed to be used together with the INTERTANKVOY 76 voyage charter party. The latest edition of this contract is INTERCOA 80.