The drop in flat rates leads to a rise in the Worldscale numbers, the shipbroker said. “The new Worldscale rates will be higher than they would have been before,” he said. “So, if Worldscale 115 was done on 2016 flat rates, it would be higher than it would have been with 2015 rates.” A. Worldscale - a Tanker Charting Tool INTERTANKO ISBN: Kostenloser Versand für alle Bücher mit Versand und Verkauf duch Amazon. Both the new and old Worldscale are the combined effort of two non-profit organizations, Worldscale Association Ltd. and Worldscale Association Inc. based out of London and New York City. Each company is under the control of a Management Committee, which is made up of senior brokers from leading tanker brokerage firms in London and New York.
Worldscale flat rates are set to fall for voyages to and from the Russian port of Novorossiisk, the Worldscale Association said Tuesday. “In light of recent information received regarding a revised port tariff structure the Associations find it necessary to revise all rates involving loading or. worldscale rates 2017 worldscale rates 2016 worldscale flat rates 2017 convert worldscale to dollars worldscale pdf worldscale tce calculator worldscale terms and conditions February 06, 2013 Purpose:- To establish a tanker to obtain the same net return per day at the same world scale percentage regardless of the voyage actually undertaken. INTERTANKO provided a useful and practical background to this freight scale system when it published "New Worldscale - A New Tanker Chartering Tool" in 1988. This quickly became the standard work on Worldscale and, since Worldscale is constantly evolving, this third edition has now been written to reflect the latest changes to the Worldscale. Worldscale is a schedule of nominal tanker freight rates used as a standard of reference by means of which rates for all voyages and market levels in the crude and oil products tanker trades can be readily compared and judged. This is aimed at making the business of. Worldscale is an essential tool in the tanker market, but it needs to be thoroughly understood in order for the user to fully benefit from it. INTERTANKO provided a useful and practical background to this freight scale system when it published "New Worldscale - A New Tanker Chartering Tool" in 1988. This quickly became the standard work on Worldscale and, since Worldscale is constantly.
Finally, to bring the story up to date, "New Worldscale" was introduced with effect from 1st January 1989. However, in deference to the custom that emerged in the trade, the epithet "new" was soon dropped and now it is generally understood that "Worldscale" refers to the new scale, while the previous scale is called "Old Worldscale". 23.02.2018 · Worldscale is a unified system of establishing payment of freight rate for a given oil tanker's cargo. Worldscale was established in November 1952 by London Tanker. What are Worldscale freight rate schedules The concept of freight rate schedules is over 40 years old and originated during the 1939-1945 war.
Worldscale was established in November 1952 by London Tanker Brokers’ Panel on the request of British Petroleum and Shell as an average total cost of shipping oil from one port to another by ship. A large table was created as result. After a prolonged slump, spot freight rates for crude oil tankers are rising sharply amid tightening supply of the vessels due to the impending revival in full of U.S. sanctions against Iran. VLCC Rates for 270,000mt Middle East Gulf MEG to China pushed up, from WS100 at the start of the week, to WS112.5. However, they came under pressure mid-week and have now fallen back to WS105. For 280,000mt to US Gulf Cape/Cape rates have hovered around the WS57.5 level. For 260,000mt West Africa to China, rates firmed early on and have settled.
Gibson tanker report – Worldscale Flat Rates in Weekly Shipbrokers Reports 06/08/2018 The concept of Worldscale is not an easy principle to grasp, particularly for those outside the tanker industry. Decision day for Worldscale looms to set 2020 bunker prices Tanker freight rate association has lacked real data to cost-in low-sulphur fuels amid fears of losses for owners if prices surge as.
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