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Dry Freight Wire delivers the most important developments in the dry freight market, daily, direct to your inbox, as well as independent freight rate assessments.
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FEATURE: Refiners, marketers press for Jones Act changes
Washington (Platts)--22 Aug 2014 417 pm EDT/2017 GMT

Petroleum marketers and refiners are planning a substantial effort to get Congress to change the Jones Act, a nearly century-old law they claim is driving up motor fuel and heating oil prices and severely inhibiting the flow of crude oil between US ports amid the ongoing domestic oil boom.
Global oil shippers adrift on troubled seas
June 19, 2012 13:00:00 EST

Though posterity may declare recent years a "boom time" for the oil industry, shipping is one sector where this statement would largely not apply. In this videoRichard Swann and Simon Thorne and Ellie Weir discuss how oil shippers across the globe are coping with falling demand & a huge over-supply of vessels, & changing trading flows.
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