Tags » Tankers

The High Cost of Oil Trains

The High Cost of Oil Trains: Hundreds of Accidents, Hundreds Dead, and $4 Billion in Damages
A federal government report predicts that that railroad vehicles transporting crude oil or ethanol will derail about 10 times annually over the next 20 years. 296 more words


Protest Downtown

These folks are protesting the building of an oil terminal over on the Port of Grays harbor, and oil tanker trains running through town.

So far nothing has been built but it has little to do with the protestors.

Driving Productivity - But Which Way?

Economic growth has always been partly about productivity gains, and the productivity of the world shipping fleet matters too. Leaps in productivity in the use of available capacity free up resources, in this case ships, to pursue new ends, and with them growth opportunities. 437 more words

Clarksons Research

Opportunity in crisis: Tankers benefit from low oil price

Tanker operators and ship repair yards stand as potential beneficiaries from the current environment of lower oil prices.

Tanker operators are benefiting from higher vessel day rates as storage is being snapped up to hold produced crude until oil price recovers. 155 more words

Oil And Gas

Tanker fever grips Wall Street

Highly successful Euronav IPO and Tankships filing top off a three-month stock rally, as US investors
rush to place their bets on tanker sector, IHS Maritime reports…
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The age of uncertainty

IHS Maritime’s Richard Clayton looks at the impact of the fall in oil prices on the shipping industry

The business of industrial shipping is played out to best effect over the medium-to-long term. 293 more words