Tags » Tankers
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
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
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