Rafael Ageo
jul 8

Current Trends in the Megayacht Industry

Posted by Rafael Ageo

New projects over 24 metres? According to reports in December 2019 the global superyacht industry paused for breath with only 807 projects over 24 metres ordered (with deposit taken) against the 830 orders recorded in 2018. This slight dip can be interpreted in different ways: On one hand some reports saw it as…

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Javier Soriano
abr 15

Contango Markets and the Perils of chartering Tankers as Floating Storage

Posted by Javier Soriano

  The global consumption of oil products has plummeted as a result of the outbreak of the COVID-19 and the consequential slump in the energy demand -particularly speaking of aviation, marine and automotive fuels- has caused an overall reduction of a 30% (i.e., about 30 MMbbl / day) in the demand of crude…

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