Source: S&P global Teekay Tankers is looking toward potentially bullish tanker supply factors, namely discharge delays, floating storage and the orderbook environment to combat depressed crude … [Read more...] about Crude tanker storage, orderbook dynamics could balance demand lull: Teekay
Source:S&P Global platts Oil on floating storage is now at its highest level in the history of the oil market and despite modest signs of a demand recovery, industry sources and analysts say … [Read more...] about Oil on floating storage soars to record highs, but peak still some way off
The International Chamber of Commerce have published new Incoterms® 2020 that have come into effect from the 1st of January 2020. The ICC originally published Incoterms® in 1936 and have … [Read more...] about Incoterms 2020 – Explained and what changes in 2020.
What is Bill of Lading A bill of lading is a receipt for goods placed on board or to be placed on board a vessel, signed by the person, who contracts to carry them or his agent, and is the written … [Read more...] about BILL OF LADING – Detailed information on B/L and checks to be made by master prior signing same.