Silver as an investment

Category Archives: Oil Tanker

Iran Sold Over 13 Million Barrels Of Oil Held On Tankers In Post-Deal Price Jump

Remember when back in April we showed a strange map of the Iranian oil tanker armada, which according to Windward data was storing as much as 50 million barrels offshore, yet which was just sitting on anchor going nowhere?   As a reminder, Iran has lacked sufficient land storage facilities to store its oil and, […]

Oil Tanker Market In “State Of Panic” As Charter Rates Plunge, Cargoes Rejected

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. zerohedge.com / By Tyler Durden / 04/02/2013 19:02 While everyone knows about the epic oversupply of dry bulk containerships as a result of the pre-bubble surge in charter rates (and subsequent collapse), which sent many shipping companies to an early bankruptcy or […]