A Seasonal Tradition Continues for Atobviac

Press Release
Monday, December 17, 2012

As far as seasonal customs go in the shipping industry, the advent of the New Year’s Wordscale tanker flat rates, currently arriving on desks worldwide, has proven to be one of the most reliable. And again, this reliability extends to the choice of AtoBviaC as Worldscale’s partner in calculating these rates.


For the ninth year in succession, new Worldscale flat rates have been calculated using round voyage distances taken from tables developed by AtoBviaC – the BP Shipping Marine Distance Tables - widely recognized as offering the gold standard for distance calculations.


“In today’s difficult business climate accurate data is essential to control costs,” says Bill Morris, Director of AtoBviaC. “Since AtoBviaC was launched we have worked hard to build a reputation for reliability, consistency and quality. We are delighted that Worldscale has again recognized that commitment to the industry and has shown its support for our quality product.”


AtoBviaC is the only company which offers routes calculated by Master Mariners. They are not supplied by a computer generated algorithm and so provide accurate, reliable calculations that can be trusted, taking into account issues such as traffic separation schemes and navigational restrictions.


“We are delighted to be again pairing with AtoBviaC,” said Robert Porter, Managing Director, Worldscale. “The BP Shipping Marine Distance Tables they produce are the industry standard when it comes to accurate distances and our customers expect nothing less than the best.”


Established in November 1952 by the London Tanker Brokers’ Panel at the request of British Petroleum and Shell, Worldscale is a unified system of establishing the cost of shipping oil from one port to another by sea. Its table of published rates covers 320,000 voyage permutations from one or more loads to one or more discharge ports. The freight for a given ship and voyage is normally expressed as a percentage of the published rate and reflects the freight market demand at the time of fixing.

Maritime Reporter August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

Cat, Deltamarin Develop Modular FPSO Power Unit

Caterpillar Launches New Modular Solution Developed with Deltamarin for FPSO and Offshore Platform Main Power at 2014 Rio Oil & Gas Expo and Conference Caterpillar

Technip Further Optimizes its Subsea Assets

Technip signed today an agreement to sell 100% of its North American diving assets to Ranger Offshore Inc.(1). Technip’s strategy focuses on high technology

InterMoor UK Completes 2,300 Accident-free Projects

InterMoor UK Operations, part of Acteon’s foundations and moorings business, says it has completed seven years and more than 2,300 projects without a single lost-time incident (LTI).

Finance

Mercury Marine Launches Repower Financing

Mercury Marine launched a new repower finance program that aims to make it easier for consumers to get the engine performance they want with flexible financing for a broad range of buyers.

Maritime Academy Awarded DHS Grant for Arctic Training

Maine Maritime Academy receives $450,000 grant From U.S. Department of Homeland Security for ice navigation and maritime first responder courses for the Arctic Maine

Knightsbridge Closes Vessel Acquisition Transaction

Bermuda-based Knightsbridge Tankers Limited announced that it has closed the first stage of its vessel acquisition transaction. Knightsbridge has issued 31 million

Energy

The Switch to Deliver Full-Power Converter for Floating Power Plant

Vancouver-based Water Wall Turbine Inc. (WWT) has selected The Switch to provide a 500 kW full-power converter for its self-floating power plant. This new system

Maersk Sells Ven Drilling Barges

Danish shipping conglomerate A.P. Moller-Maersk said on Tuesday its offshore oil and gas drilling unit has sold its Venezuelan barge activities. Maersk Drilling

Upcoming Winter Tanker Market Same as Last Year?

Will the 2014/15 winter tanker market be a repeat of the previous one? Poten & Partners consider the question in their latest 'Poten Tanker Opinion'. As the

News

Gladding-Hearn Delivers Third NYPD Boat

With more than a dozen patrol boats and a fireboat built by Gladding-Hearn Shipbuilding, Duclos Corporation, operating in New York Harbor, the Somerset, Mass.,

Cook Joins Horizon Shipbuilding as Operations VP

Horizon Shipbuilding, Inc. announced that Mickey Cook has joined the corporation as the Vice President of Operations for the Bayou La Batre shipyard. Cook, one of the founders of C & G Boatworks,

Update: SS Central America Salvage

Odyssey Marine Exploration completes current phase of SS Central America recovery; 15,500+ gold and silver coins, 45 gold bars recovered to date; 161,000-square meter,

Logistics

China, Sri Lanka to Launch FTA Talks

Chinese President Xi Jinping began a visit to Sri Lanka on Tuesday agreeing to open bilateral negotiations for a free trade pact as Beijing tightened its embrace

Cargo Container Security Alliance Formed

SC-integrity, Inc. (LoJack SCI) and Contguard Ltd. announced a strategic alliance designed to provide their customers with security and real-time visibility of

Mideast Crude Tanker Rates Near 3-month Low

Crude oil tanker earnings on the major Middle East route fell to their lowest in nearly three months as a slowdown in business in recent days battered rate sentiment.

 
 
Maritime Contracts Maritime Standards Navigation Offshore Oil Port Authority Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2908 sec (3 req/sec)