Shipping and Freight (Clean & Dirty Tankers specifics below)
Tanker market developments and the costs of freight are critical to all discussions of supply and demand and price factors of the energy and metals markets, as well as risk management. Shipping and freight in the energy sector is classified as industrial service and tanker operations, of which oil companies' share has been more than 30% for several decades. The shipping segment covered by Platts is primarily focused on petroleum and petrochemicals sectors and specifically, liquid-transporting vessels, carrying liquids, although Platts also covers freight rates for coal. In addition to news on port conditions, regulations, and supply and demand factors affecting freight rates and at-sea shipping developments, Platts assesses freight prices for so-called "clean" and "dirty" tankers (link to next section).
William Bathurst
Editor
Platts Marine & Shipping
London
Simon Thorne
Managing Editor Oil, Europe, Middle East, Africa
London
Dave Ernsberger
Asia Senior Editorial Director & Bureau Chief
Singapore
Andrew Bonnington
Managing Editor
European Oil Products
London
"Clean tanker" describes ships designed to carry translucent or light, refined oil products such as naphtha or gasoline to ports around the world. "Dirty tanker" describes ships designed to carry "pitch-colored" or heavy fuels including crude oil or the residual fuels, which have greater environmental pollutant risks. Platts' coverage in dirty and clean tanker markets includes news, policy and regulatory developments and related oil market information. In addition, Platts also assesses the price of freight/shipping for a combined total of nearly two hundred tanker routes for vessels transporting dirty and clean fuel cargoes to and from North America, Europe and Asia. These assessments range in cargo size from 22,000 metric tons to 280,000 metric tons.
William Bathurst
Editor
Platts Marine & Shipping
London
Simon Thorne
Managing Editor Oil, Europe, Middle East, Africa
London
Dave Ernsberger
Asia Senior Editorial Director & Bureau Chief
Singapore
Andrew Bonnington
Managing Editor
European Oil Products
London