Oil Product Shipping Costs to Japan…

Andreas KoudellouApril 2, 2011April 4, 2011Cataclysm, Crisis in Japan, Culture, Economic Institutions, Environment, Financing Reconstruction, Global Economics

In 2011 the cost of shipping a gallon of gasoline, jetfuel, lng, or any other petro product from the middle east to Japan was virtually unchanged for despite protests througout the Middle East. Today, the cost of shipping these products is set to advance 67%! A 5 year high! As Japan has begun replacing its crippled nuclear industry with power plants burning fossil fuels.
Analysts have rased 2011 earnings estimates for petro transport companies by 24% in four weeks, according to data compiled by Bloomberg.

Published by Andreas Koudellou

A senior associate focusing on early stage-companies. As a foodie I am a recognized expert on where to find the best dry-aged beef in NYC. I have a deep finance and international relations background, getting my start at the Council on Foreign Relations, UN and then on to HNW/UHNW capital management. View more posts