Tanker Rates Skyrocket To Fill Colonial Pipeline Shortages
By Elizabeth Low (Bloomberg) Oil tanker charter rates skyrocketed in the U.S. with refiners scrambling for ships to store fuel that has nowhere to go due to a cyberattack on...
Super Typhoon Soudelor, now the strongest storm on earth in 2015, is seen in a NOAA satellite image taken in the Western Pacific Ocean at 23:43 ET (03:43 GMT) August 4, 2015. Soudelor is expected to cross the northern Philippines on Wednesday morning before powering towards South Japan, Taiwan, and eastern China later this week.
Ocean Weather Services tells us that at 00Z Typhoon Soudelor intensified rapidly and is now a Super Typhoon with max winds of 155 knots and significant wave heights to 50 feet (about 15 meters). The storm continues to move toward the WNW and will be nearing the northern tip of Taiwan at about 00Z on the August 8th.
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