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Forecast daily oil tanker rates will settle around $10,000 to $20,000 this year.

tanker The supply of crude oil tankers is expected to grow by 6 percent this year and daily rates are seen staying low due to oversupply and slack demand, shipping industry association BIMCO said on Wednesday, Reuters reports.
Copenhagen-based BIMCO, which says its members control two-thirds of the world's total shipping tonnage, forecast daily oil...

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Capital Product Partners LP ( NASDAQ: CPLP) a $285 million international transportation firm

capitalInvestors seeking stocks with strong dividend yields would be well advised to go to sea and consider Capital Product Partners LP (NASDAQ:CPLP), a $285 million international transportation firm that owns and leases ships for transporting petroleum. It pays a whopping annual 14% yield, and has done so reliably for years.

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Pirate activity January 2012

NATO_shipping_centre1 Overview During the reporting period of 29 December 2011 to 04 January 2012 pirate activity against vessels has increased, but is still less than the same time last year. 
wo vessels were attacked (Alert 001 and Alert 002) and 3 vessels were approached (NSC 1/12) in the Gulf of Aden (GOA). 

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Capital Product Partners LP ( NASDAQ: CPLP) a $285 million international transportation firm

capitalplp Investors seeking stocks with strong dividend yields would be well advised to go to sea and consider Capital Product Partners LP (NASDAQ:CPLP), a $285 million international transportation firm that owns and leases ships for transporting petroleum. It pays a whopping annual 14% yield, and has done so reliably for years.

CPLP specializes in small-...

Read more: Capital Product Partners LP...

Santa Claus: Risk Assessment

santa1 Let’s get this straight: he’s in charge of a flying vehicle and needs to deliver heavy loads to a critical deadline? We think it’s time for a Risk Assessment.

General job description

Santa Claus is employed for only two nights a year. His
duties are as follows:

* Delivering presents from his factory in the North Pole to all the good  children
&nb...

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