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Friday, July 20, 2018

‘NEW LOOK AT LEADING SHIPPING INDICATOR’ SAYS LLOYD’S LIST

INTERTANKO’s new publication ‘Worldscale - a Tanker Chartering Tool’ was favourably reviewed by Michael Grey in Saturday’s Lloyd’s List (3 February) as “a highly readable treatise on this important tool, which is designed to enable a tanker to obtain the same net daily return at the same Worldscale percentage regardless of the voyage actually taken”.

However the system is no panacea. This publication explains how the system works and highlights the issues that the system does NOT solve. The author says not to expect the Worldscale to work miracles and that consistency of net daily returns will not be perfect for a ship that is very different from the WS standard Vessel fixed at a rate substantially above or below WS100, particularly for short voyages.

AGE IS NO CRITERION! – whether you have been in business for many years or are new to the industry this publication is a MUST!   You will benefit from the comprehensive treatment of the issues and will certainly find points that you did not know about or comments that will be valuable in your chartering practice.

Please click here to read Michael Grey’s review in Lloyd’s List of this well received and very popular publication.

See for yourself – please click here to view the table of contents!

Order TODAY, make life easier tomorrow!

Ordering is easy:

Price: USD 90 per copy for Members and Associate Members and USD 130 for non-members.  Discounts available for bulk orders.