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Saturday, November 17, 2018

No. 04/1999




Advice on carriage of Oil Cargoes - New Service to Members

INTERTANKO would offer a much better assistance on oil cargo and bunker related inquiries from Members. ... More


Shared responsibility, shared blame

The leader in today's Lloyd's List is copied below with their kind permission. The essence of this article corresponds well with INTERTANKO's policies and is giving us a renewed impetus to push "our" Chain of Responsibility. ... More


VLCC pooling

Four large VLCC owners, AP Møller, Euronav, Frontline and OSG with 7 to 11 VLCCs each in the spot market plus two small VLCC owners Osprey and Oldendorff, have decided to pool their VLCCs to provide improved service to the charterers and thus become more attractive in the market. ... More


Weekly news distribution

This INTERTANKO weekly news report is distributed on e-mail to the area contacts among the members and associate members that have so far notified us with their e-mail addresses. ... More


Record scrapping 1999

Record low rates and high bunker prices have been forcing a record number of 35 VLCCs to the scrap yards in 1999. The number of tankers scrapped this year seems to approximately match the number of deliveries. Modern VLCCs are, however, probably more productive and supply will therefore still increase somewhat.... More


U.S. Merchant Marine Academy - Marine insurance seminar, 27 Jan. 2000

With the February P&I renewals approaching, innovative options for liability coverage are being made available to ship owners. ... More


Happy New Year

  INTERTANKO wishes all of our Members and Associate Members a very Healthy, Prosperous and Happy New Year !! ... More


Tanker demand forecast

Estimates from Fearnley Research show that overseas seaborne oil trade (based on 10 months and excluding some local trades) is expected to decline 44 million tonnes to 1,480 million tonnes in 1999, to increase to 1,535 in 2000 and 1,565 in 2001. ... More


INTERTANKO Tanker Event Monte Carlo 9-13 April 2000

INTERTANKO’s ‘Millennium’ Tanker Event will take place in Monte Carlo on 9-13 April 2000 at Le Métropole Palace Hotel.... More


INTERTANKO strikes against rocketing charge in Congo

The terminal owner has without announcement increased the Yombo Lifting Charge from USD 0.12 per bbl to USD 0.19 per bbl, i.e. an increase of close to 60%! For a lifting of 1 mill. bbls, the increase thus amounts to USD 70,000! The new tariff was introduced through a circular dated 22 November 1999 with retroactive implementation from 1 November 1999!... More