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Crude Economics

Crude Economics

by Step-Up Finance (Business) | Sep 21, 2009 | Blog, Business, Economy, Finance, Financial Markets, Management, Miscellaneous, Uncategorized

We were shown an interesting article recently regarding the parking of ships in shipping lanes. As we understand it these tankers are either transferring cargo, waiting,  at sea rather than paying port taxes, for work to come in or waiting for the price of their cargo of crude oil to rise in the world markets. [...]
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