{"id":194961,"date":"2008-08-06T17:52:00","date_gmt":"2008-08-06T22:52:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2008\/08\/06\/oil-companies-may-panic-on-tanker-rate-outlook-chart-of-day\/"},"modified":"2008-08-06T17:52:00","modified_gmt":"2008-08-06T22:52:00","slug":"oil-companies-may-panic-on-tanker-rate-outlook-chart-of-day","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2008\/08\/06\/oil-companies-may-panic-on-tanker-rate-outlook-chart-of-day\/","title":{"rendered":"Oil Companies May `Panic&#8217; on Tanker-Rate Outlook: Chart of Day"},"content":{"rendered":"<p>It appears that <a href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20601087&amp;sid=aN8uxYP5vf1M&amp;refer=home\">oil tanker companies may direct their captains to slow down to save fuel<\/a>, which would cause a shortage in the supply of tankers, and higher rental rates.<\/p>\n<p>They are looking at a slowdown to 12 knots from 15 knots, which would save about 20 grand a day in fuel costs.<\/p>\n<p>I would imagine that we would see a similar process unfolding with container ships, and this may contribute to increased costs for non-petroleum imports too.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It appears that oil tanker companies may direct their captains to slow down to save fuel, which would cause a shortage in the supply of tankers, and higher rental rates. They are looking at a slowdown to 12 knots from 15 knots, which would save about 20 grand a day in fuel costs. I would &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1005,1135,1016],"tags":[],"class_list":["post-194961","post","type-post","status-publish","format-standard","hentry","category-business","category-energy","category-international-commerce"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/194961"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=194961"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/194961\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=194961"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=194961"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=194961"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}