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VLCCs What You Should Know:

By: Daniel Guttman / Posted on: July 23, 2018

Encyclopedia Britannica defines VLCCs as, “Very large crude carriers. These ships, with a length of some 330 metres (1,100 feet), have capacities between 200,000 and 320,000 dwt (Dead Weight Tonnage). They carry in the area of two million barrels.” Historically these enormous ships carry crude oil around the world including imports into the United States, but until recently the United States Gulf Coast petroleum terminals were too shallow to accommodate these vessels.

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The Last Mile Conundrum

By: Sam Stires / Posted on: July 3, 2018

FedEx, DHL, U.S. Postal Service and UPS have some new competition for last-mile delivery service. Amazon announced last Thursday that they are launching a new Delivery Service Partners program. Designed to let entrepreneur run their own fleet of Amazon vans with the Prime logo. Each delivery van will start at one of the 75 current Amazon stations throughout the United States.

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Guttman Energy Daily Market Update Disclaimer – The information contained in this market update is derived from sources believed to be reliable; however this update could include technical inaccuracies or typographical errors and Guttman Energy does not guarantee the accuracy, completeness or reliability of this update. FURTHERMORE, THIS UPDATE IS PROVIDED "AS IS," WHERE IS, WITH ALL FAULTS AND WITHOUT ANY WARRANTY OR CONDITION OF ANY KIND, EXPRESS, IMPLIED OR STATUTORY. GUTTMAN ENERGY ALSO SPECIFICALLY DISCLAIMS ALL EXPRESS AND IMPLIED WARRANTIES. YOU USE THIS UPDATE AT YOUR SOLE RISK. This update and any view or comment expressed herein are provided for informational purposes only and should not be interpreted in any way as recommendation or inducement to buy or sell products, commodity futures or options contracts.

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