Worldscale - A Tanker Chartering Tool, 3rd Edition

Published:

08 February 2011 11:19

Updated:

06 September 2011 04:46

"Worldscale is an essential tool in the tanker market – it needs to be thoroughly understood in order for the user to fully benefit from it. "   Tim Horne, Managing Director, Teekay Shipping (UK) Ltd, Chairman, INTERTANKO’s Worldscale Committee

This publication describes the Worldscale system, its origins and its background. It is a perfect introduction to Worldscale for those who are unfamiliar with the system.

For the more experienced, this 3rd edition covers a multitude of points from commissions to crude oil washing, from delays to deviation, departure from standard terms, and a comprehensive treatment of the issues, with invaluable comments for day-to-day chartering practice.