worldscale


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worldscale

(ˈwɜːldˌskeɪl)
n
the standard scale of freight rates for oil tankers
References in periodicals archive ?
In these circumstances, MCC may have found it prudent to take FS Endeavour around the mid-80s Worldscale points level.
75 million MT Natgasoline plant in Beaumont is expected to be commissioned in 2017, and there are worldscale capacity additions expected in Iran and China in the medium term.
That came as daily VLCC earnings from the Middle East on Thursday plunged to around $15,000 a day after Thai Oil chartered the 314,000 dwt VLCC Sea Leopard at a rate of 51 on the Worldscale measure, the lowest since Sept.
Additionally, the firm overseeing Al-Zour's refinery will also manage a worldscale petrochemicals facility that will utilise feed from the refinery, following a decision in Q116.
Assuming that a market participant pays WorldScale (WS)100 to ship Bakken from the Pacific Northwest to South Korea, freight would cost around $1.
ISLAMABAD -- Byco Single Point Mooring (SPM), the first and the only SPM in Pakistan, has been included as a new port in the amendment circular issued globally by Worldscale.
In terms of on a worldscale, I think Steff is right up there.
Stan Higgins says the project, which will convert the worldscale plant to take cheaper shale gas from the US, is the first step towards securing a long-term supply of raw materials for the process sector.
In June 2010, the library signed a "collaborative agreement" with ProQuest Serials Solutions to begin implementing its Summon worldscale discovery system.
Elevance is the only specialty chemicals company that will have two worldscale biorefineries in operation by 2016.
70 in the worldscale measure of freight rates, or $2,223 a day when translated into average earnings and were at their lowest since May 3.
20 in the worldscale measure of freight rates, or $ 15,592 a day when translated into average earnings.