So you wanna be a YouTube star?

Box that I get about 50 letters a day that my mom picks up, and a lot of weird gifts I like to show on my videos,” he said.

“You have to be open … “I did it on my own with just me and my camera. (Dawson and his manager declined to discuss or confirm his YouTube earnings.)

“These YouTube celebrities are making some great content resonating with a very young audience where the advertising revenues aren’t as high,” Burch said.

And still a legion of Dawson wannabes pour more content onto YouTube each day. As an overweight teenager, he dreamed of a career in Hollywood as an actor and wrote one-act plays for his high school drama class. In the early days, Dawson responded to everyone who posted to his MySpace page, “but that got harder after I had 100,000 subscribers.”

Still he elicits and shares feedback from his viewers. That’s very, very weird.”

And very rare. Ironically, one of the best ways to reach him these days is through snail mail. CNN asked Dawson and TubeMogul’s Burch to share their tips on how to be an online video star.

Volume, volume, volume

Monday for Dawson is spent uploading his new videos and scripting for the week ahead. “If you don’t love doing this without making money, give it up,” Burch said.

Dare to be different

Dawson’s videos feature a stable of characters he impersonates. With 12 hours of video uploaded on YouTube every minute – and the volume on the rise – scoring a devoted clicking audience online is difficult. Dawson is estimated by TubeMogul to be the top earner with an estimated $295,000 in revenues a year. Wednesday is spent filming, Thursdays editing, Fridays mapping out his second channel video, Saturday is for mopping up unfinished work and on Sunday he picks costumes, themes and dance moves for his weekly “Ask Shane” video.

As a result, Dawson doesn’t sleep much depite the protestations from his manager to get more rest. “Your odds are like winning the lottery, and its getting worse all the time,” said David Burch, communications director for TubeMogul Inc., an online video analysis firm.

Your odds are like winning the lottery, and its getting worse all the time

–David Burch, TubeMogul

. The content leans to the raunchy and straddles the lines of taste (such as a parody of “Twilight” that has a vampire drinking menstrual blood).

“It’s easy to say what these people are doing is so stupid, so asinine,” Burch said. And companies are digging deeper to find their niche audience through YouTubers. “I have a P.O. “The first sketch I did was from me having fun at three in the morning, wearing wigs and doing this character for my mom as a phone sex operator,” Dawson recalls.

“It doubled the number of views and people started subscribing to me – I didn’t even know what ‘subscribing’ was.” Now Dawson has nearly four million subscribers to his three YouTube channels who receive notifications on their YouTube homepage of new videos released.

“It sounds super cliché, but staying true to yourself and what you are works,” Dawson said. “I’ve always been doing videos,” Dawson said.

His avocation turned into a profession two years ago after an incident that otherwise would be an Internet 2.0 cautionary tale: He and others were fired from a weight-loss center in August 2008 for a video he posted online that was shot in the workplace.

“I didn’t think it was so bad, but someone didn’t think it was funny,” Dawson recalls. Videos produced by companies captured nearly 5 percent of YouTube’s daily top 100 in February – up from 0.4 percent in October 2009, Burch said. I had so much guilt, and got six people fired.”

Although he had posted videos to YouTube infrequently since 2005, his dismissal caused him to focus full-time on his videos to earn a living. “You’re seeing girls doing cosmetic how-to videos getting sponsorships from cosmetic companies,” Burch said. “Anyone over 30 probably hasn’t heard of these top acts.

Companies are finding increasing success capturing a commercial audience via YouTube. “I was out of work and couldn’t collect unemployment because I was fired,” he said.

Because the odds of success are so small, the labor has to be its own reward before it reaps financial dividends, said Burch of TubeMogul. “They really engage their audience by making a personal connection.”

STORY HIGHLIGHTS

Shane Dawson’s YouTube videos have nearly a half billion uploadsAbout 12 hours of video is uploaded to YouTube every minuteSuccessful online video makers must consistently post to stay on topViewership is built by making one-on-one connections with audience

(CNN) — He is the king of clicks, the biggest star in the most powerful media platform to emerge in recent years. “These girls drop a video and get 3 million views a weeks – that’s a lot.”

But the odds of individuals making real money on YouTube remain long. “You have to update at least once a week, preferably more.”

A video posted on YouTube gets half its views in the first two weeks its online, Burch said.

Love it, or leave it

Dawson began shooting videos with his brother when he was 10 years old. “I laugh about it now, but it was probably the most depressing time of my life. But it’s mostly young kids, and they’re resonating with kids.”

Dawson started his YouTube career video blogging – or vlogging, talking directly to the camera and making self-deprecating observations about his life. But unless your date of birth hovers near the year 1990, you’ve probably never heard of him.

Shane Dawson, a 22-year-old college dropout from California, is a YouTube superstar and the epitome of the new era of Do-It-Yourself celebrity. it’s about letting people into your life,” Dawson said.

YouTube sensations like Dawson “build an audience one member at a time; they will answer email one person at a time,” Burch of TubeMogul said. Uploads of his videos approach half a billion views a year.

“I thought I’d be on TV and movies – that’s what I really wanted – and I can’t believe I didn’t need to do that,” said Dawson on finding fame and an outlet for his comedy on YouTube. “People bitch about my videos being too raunchy or whatever, but I’m just making videos for myself. He produces three videos a week for YouTube from his Los Angeles area home. TubeMogul estimates that only 15 independent YouTube acts make more than $100,000 a year from banner advertisements on their videos, and only two acts make more than $200,000 a year. Make the videos that you want to watch, don’t think about who is going to be upset or offended.”

Stay close to your audience

Like other YouTube successes, Dawson has a wide presence on social networking sites like FaceBook and Twitter. But his consistent volume of new videos has helped Dawson succeed where many major companies have failed.

“A lot of companies went into the YouTube frontier a year-and-a-half or two years ago, but what they didn’t have was frequency,” Burch said. Tuesday he collects props and builds sets, if necessary

Global gambling growth forecast at 1 pct in 2015: GBGC

Asia remained the largest gambling region in the world last year, contributing almost 33 percent of global gambling revenues.

“China’s two state lotteries have been growing strongly for several years but there are signs that 2015 could disrupt that pattern of strong growth,” said the report.

Sales via the Internet of lottery tickets have been halted in mainland China. “Between them they amassed nearly US$80 billion in GGY from their various licensed gambling activities in 2014. Such sales reached RMB382.4 billion (US$61.5 billion) in 2014, up by 23.6 percent from the previous year, data from the country’s Ministry of Finance showed. Among the reasons is downward pressure on the online poker market, the fact that existing regulated markets are not growing and that the skill gaming sector is declining because of the trend for “social gaming”, said GBGC.

But year-on-year global growth in such activity is forecast to slow down to just 1.0 percent this year, “due to a predicted decline in Macau’s casino gross gaming yield (GGY)” and the fact that the performance of the sports betting sector in 2015 is up against a difficult comparison regarding 2014, when betting volumes globally were pushed up by soccer’s FIFA World Cup in Brazil, said the report from Global Betting and Gaming Consultants (GBGC).

GBGC said that in assessing the global gambling sector, it regarded the three markets of China, Macau and Hong Kong as a “key trio”. But it noted that Internet sales are expected to resume “in 2015″.

Global gambling growth forecast at 1 pct in 2015: GBGC

Global gambling revenues climbed to more than US$452 billion in 2014, an increase of 3.2 percent over 2013, according to the latest edition of the Global Gambling Report. VIPs have been staying away from the gaming tables and the casinos have suffered,” said the consultancy firm.

Global gaming growth however would quickly climb to 4.1 percent in 2016 and reach US$525 billion by 2019, according to the report.

According to the report, casinos remained the largest segment for global gambling activity in 2014, with a 29.2 percent share of the global market. The firm covers a spectrum of gambling activities – casino gaming, sports betting, gaming machines, bingo, and lotteries – in both their traditional, land-based forms and online/mobile versions.

Jun 08, 2015

Newsdesk

Latest news, Macau, Top of the deck, World

nbsp

GBGC said it expects growth in mainland China’s lottery market to be “slower in 2015 as a result of this temporary suspension”. This means they contributed around 18 percent of the GGY of the entire global gambling market,” said the report.

“Macau, too, will have a difficult 2015 because of Beijing’s ongoing purge of graft and corruption. Sports lottery ticket sales grew by 32.8 percent last year reaching RMB176.4 billion, fuelled by the FIFA World Cup.

The report also indicated that Internet gambling accounted for 9.1 percent of global gambling GGY last year, “but is struggling to break past 10 percent”. Lotteries were in second place with a 29.1 percent share.

Within mainland China, licensed gambling activity is based on the welfare lottery and the sports lottery. The government has said it wants to impose stricter controls on such sales channels before sales resume, but has not mentioned a date for such resumption.. “So the future fortunes of these markets will have an influence on the overall picture,” it added.

The global casino market – including Native American gaming – was worth US$156.69 billion in GGY in 2014, an increase of 0.3 percent over 2013, said the report. By 2019, GBGC forecasts that the global casino sector will be worth US$175.50 billion.

Macau government data published last week showed that accumulated casino gross gaming revenue (GGR) for the first five months of 2015 stood 37.1 percent lower than in the same period in 2014.

GBGC provides consultancy and market reports for the global gambling industry

General Rules for Online Sports Betting

By doing so, they get a clear understanding of the working of the website and can avoid monetary losses greatly.

In lieu of making more money, players are generally enticed to open multiple accounts and place bets using each of them. For people residing in Asia, Kick360 is one amongst the most sought after betting sites and you can play here with a breeze.

Want to know how to avoid losing money at sports betting sites? Well, think before investing and learn the rules of the industry. But, gradually they get to know that making money with betting is not that easy and it would not be surprising if all the invested money is lost. For more details on void bets, players should read the guidelines listed on the betting website itself. But, it is really important to understand that opening multiple accounts increase the odds of losing money and thus it should be avoided completely. It is true that slight variations are there in rules and regulations of different sites but the set of general guidelines remain same throughout the industry. An advantage of doing so is you can learn the game rules and that too without putting money at stake. People think of it as a quick way of earning money and thus invest in such sites haphazardly. In any such situation, all bets are declared void and money is credited to the account of bettors. If you wish to learn more about Indian football game or betting on football then visit kick360.com.

The first guideline one should keep in mind in the game of online sports betting is rules play a crucial role and one cannot compromise with them at any point of time. Wondering what to do next?

The author of this article owns a chain of online sports betting and loves to share his learning with other players. To ensure that our valuable readers do not lose money right from the day one in sports betting, here below are general guidelines one can count upon.

Change in Date, Time or Venue

Game of Rules

It is very common when sports matches are cancelled or postponed due to reasons like player injury, climatic conditions or any other unavoidable circumstances. Another thing that one can do initially to avoid losing money while placing bets on sports matches is playing football betting games. Just open a single account and keep placing bets through it only.

Author’s Bio: 

If online betting had not been tempting, millions of people would not have been running after sports betting sites. In all, it is a win-win situation and you should not miss it at all.

Never Open Multiple Accounts. Kick360 is one of those very few websites that allow players to enjoy sports betting free of cost and bestow winners with real prizes. Doubtlessly, there are many such reputed sites over the Internet but it may take some time for newbies to locate one. In the beginning, these sites and the returns they promise appear highly alluring. Players and especially the new ones fall prey to this trick and end up opening many accounts. Every popular betting website has a strong backbone of rules and you must make a habit of playing at such sites only. In this type of game, players can open an account and continue playing without investing real money

Top Selling Counterfeit Products / Fakes

There are more marks on the real sneaker that identifies it as New Balance which also includes embedded data decipherable only with a special reader. The real strip bears a holographic label and the fake one has a printed “UL” label that the Chamber of Commerce identified as fake. Clues to the fake Baby Phat jeans can include stitching that lacks details, an atypical finish, and may be missing nameplates or leather accents. The stitching is imperfect, there are loose threads, and you can’t make out “Italy” on the label. For instance local law-enforcement agencies can seize counterfeit products and levy fines. According to consumer reports, China has been pressed by other countries to crack down on counterfeiting. The fake products in the long run do not wear as well and lack the technology that contributes to comfort. Its “click wheel” is a crude jog dial; its headphones are inferior in sound quality. came from mainland China. There were incorrect results in counterfeit kits in 2006 found by Lifescan and these results could possibly lead to serious complications. Other jeans could have loose threads and may be missing logos.

Electrical Cord

John Drengenberg, consumer affairs manager at Underwriters Laboratories says of the 21 billion UL marks placed on products every year, very few are fakes. The “N” on the fake looks like it had been sewn on as an afterthought. Ninety-nine-point-nine percent do not know the difference between the original and a counterfeit product.

Diebetic Strip

Counterfeiters added a finger and changed its typeface and made “One Touch” two words.

Sneakers

Ed Haddad, a vice president at New Balance said that this is one of the best counterfeits he has seen. But if the maker is to blame, so is the buyer. But the fines are so modest that a counterfeiter would not think to raise an eyebrow. China has a long way to go to deter its counterfeiters judging by the penalties it imposes. The fake’s “leather” looks to be plastic glued and flimsily sewn onto hardware. But the fake has a voice recorder and an FM radio which no iPod has.

Jeans

Jeans are a favorite target of counterfeiters. It came in a cloth sack inside an ornate box. It also uses a generic operating system with a cartoonlike display.

Gucci Handbag

The real Gucci tote is leather trimmed with a nice fit and finish. But to the casual consumer who has been misled by the marked down prices, the fake products look just fine.

It is very easy to fool people. It has decorative piping that resembles a shoelace and it came without packaging.

MP3 Player

The fake 6GB player bears an uncanny resemblance to an Apple Nano. Most fake labels are on high-volume, low-cost items such as night-lights, extension cords, and power strips. The U.S. . Quality assurance numbers and ID tags are legible. The hangtags could be flimsier with words that are printed and not embossed like the original jeans. It is slightly thicker, its screen is not quite as bright, it doesn’t work with iTunes, and it has an On/Off button where the Nano’s Hold button is located. The printing may be blurred, the embroidery is of low quality and the labels are often missing. It has a vented insole and the bottom of the sneaker is more intricate. One in five Americans knowingly bought a counterfeit product last year mostly because the fake products were easy to find and the price of the original product was seen as unaffordable.

Selling Counterfeit Products is Booming

The internet has allowed counterfeiters to find partners who can make, market and distribute counterfeit products to an ever broad audience. Food and Drug Administration saw counterfeit-drug investigations rise to 54 at the end of September 2006.

Sunglasses

Counterfeits like these Oakleys may not provide the proper protection against ultraviolet rays and also may not be impact resistant which could expose the wearer to eye injuries.

In some instances, the counterfeit products are easily spotted. In January of 2008 the Department of Homeland Security said that 81 percent of all conterfeits in the U.S

Interpol coordinates crackdown on down on World Cup gambling in Asia

China, Malaysia, Singapore and Thailand took part in the crackdown, which was coordinated by Lyon, France-based Interpol.

PARIS –  PARIS (AP) — International police agency Interpol says that more than 5,000 people have been taken into custody in a crackdown in Asia on illegal World Cup gambling.

Police also seized $10 million in the operation targeting gambling linked to organized crime gangs.

Interpol said in a statement Friday that police in those countries “identified and raided nearly 800 illegal gambling dens which handled more than $155 million worth of bets.” The operation ran from June 11 to July 11.

Are ‘Mini-Nukes’ The New Big Thing?

D. arsenal. A bomb of just one kiloton, detonated 30 meters below the earth, can open a crater wider than a football field, according to Princeton physicist Robert W. development of low-yield nuclear weapons.

The Bush administration may get permission to create kinder, gentler or at least smaller nuclear weapons if Congress overturns a ban on doing so.

The defense appropriations bill now winding its way through the Hill contains a clause revoking the 1993 Spratt-Furse amendment, which prohibits the development of so-called “low-yield” nuclear weapons – bombs that pack a punch of less than five kilotons.

Last year, the U.S. According to Sen. conducted its last nuclear test in 1992, and while the White House opposes the Comprehensive Test Ban Treaty — which the U.S. Others contend that making more bombs is a bad idea if the U.S. Last May, he and Russian President Vladimir Putin agreed to slash their active arsenals by nearly two-thirds, to 1700 to 2200 warheads each, within 10 years. Other efforts include developing lasers and computers to simulate aspects of nuclear tests.

Nuclear Stockpiles: President Bush has agreed to dramatic reductions in the number of nuclear weapons in the U.S. “nuclear strike capabilities” must be geared towards, according to a leaked copy of the report.

The 1993 low-yield ban that the current defense bill would delete stated that “it shall be the policy of the United States not to conduct research and development which could lead to the production by the United States of a new low-yield nuclear weapon, including a precision low-yield warhead.”

“Nuclear weapons have a unique ability to destroy both agent containers and (Chemical and Biological Weapons),” reads a 2001 Pentagon study.

But the administration says smaller nuclear arms may eventually be needed to deal with the emerging threat of rogue states hoarding weapons of mass destruction.

“How can we effectively seek to dissuade others from developing nuclear weapons while we are going forward with the development of new nuclear weapons ourselves?” Sen. “Unless we do a lot more research and development and we find some quantum breakthrough in conventional systems, to go deep is going to require a nuclear capability.”

The move to clear the legal hurdles on manufacturing mini-nukes is part of a broad review of U.S. has signed but not ratified — the administration says it has no plans to conduct a test. All rights reserved.

The Little Boy bomb dropped on Hiroshima delivered around 15 kilotons.

However, the administration is paying increasing attention to the possibility that it might at some point have to resume testing if there were a question about the reliability of the nation’s stockpile. Nelson.

Copyright 2003 CBS. Two had been recovered and three were still missing as of 5 p.m. In the modern U.S. arsenal, the submarine-launched Mk-5 holds eight W88 warheads of 475 kilotons each.

But some members of Congress believe conventional weapons could do the same job, and worry that mini-nukes would blur the line between conventional and nuclear weapons. wants to stop proliferation.

Defense officials said in 2002 that at present, the U.S could go from the decision to test to a trial run in two to three years. — did not prohibit designing a testing device with a yield below five kilotons, modifying an existing weapon for safety reasons or conducting research and development necessary “to address proliferation concerns.”

CBSNews.com’s Jarrett Murphy takes a look at the prospects for the U.S. Duncan Hunter, R.-Calif., last May. Crouch, the assistant secretary of Defense for International Security Policy, said in a briefing last year.

Announcing its approval of the bill Friday, the Senate Armed Services committee stressed that nothing in the repeal means it has authorized “the testing, acquisition, or deployment of a low-yield nuclear weapon.”

The Foster Panel, which studied the testing issue last year, recommended improvements that would allow a test within three months to a year of deciding to do so. policy on nuclear weapons, which has included:

Bunker busters — For the second year in a row, the Energy Department is requesting $15 million to study the need for a Robust Nuclear Earth Penetrator (RNEP).

Supporters say these weapons might be necessary to deal with so-called “hard and deeply buried targets” in rogue states and terrorist camps, of which there might be 10,000 in the world.

By Jarrett Murphy

But some experts contend that no bomb of any size could go very deep, because the heavier the bomb, the harder the impact — and the harder the impact, the more likely the bomb would explode before it reached sufficient depth.

Testing — The U.S. According to the Los Alamos National Laboratory, the move “restores the nation’s ability to make nuclear weapons,” and was needed so the Energy Department could replace pits found unsafe or destroyed through regular check-ups.

CAROUSEL – People watch as water breaches a rock wall at Lawrencetown, Nova Scotia, Canada, Sunday, August 23, 2009. Edward Kennedy, the administration has budgeted $700 million for studying how testing might resume. Five people watching the surf from Hurricane Bill were swept out to sea at Acadia National Park in Maine. spent more in real terms on atomic defense activities than since 1962.

Strategy — In its Nuclear Posture Review last year, the administration identified Iraq, Iran, Syria, Libya, North Korea as countries where “contingencies” could arise that U.S. Dianne Feinstein, a California Democrat, asked recently.

A kiloton is equal to the explosive force of one thousand tons of TNT. “If you were to have a problem with a weapon system that you needed to rectify using a test, you would want to be able to do that faster,” J. ET Sunday.

AP Photo/Canadian Press/Tim Krochak

“One way you ensure that there are no safe havens is to be able to go deep,” said Armed Services Committee chairman Rep. .

At the same time, however, last month the United States produced a plutonium pit — the core of a fission bomb — for the first time in 14 years. A memo obtained by a British newspaper indicates that at a conference this summer, Defense and Energy department officials will consider questions like: “What is the uncertainty in confidence and potential risk threshold for a test recommendation–what would demand a test?”

The ban — named after sponsors Elizabeth Furse, D-Ore., retired, and John Spratt, D-S.C

US keeping nuclear warheads in case of killer asteroids

This article originally appeared on Newser: US Keeping Nukes in Case of … (The asteroid that hit the planet 66 million years ago wiped out the dinosaurs because of very bad timing, researchers say.)

Scientists believe it will be at least a century before any asteroids big enough to wreck the planet are close enough to worry about, but some researchers are worried about smaller asteroids and believe nuclear weapons could be an effective solution, the Atlantic reports.

Somebody’s been watching Armageddon: American nuclear authorities say they have delayed getting rid of old warhead components because they could help protect the world from killer asteroids.. Asteroids?

US keeping nuclear warheads in case of ??? killer asteroids

A Malmstrom Air Force Base missile maintenance team removes the upper section of an ICBM at a Montana missile site. (AP Photo/US Air Force, John Parie)

Authorities say the warheads are being kept “pending a senior-level government evaluation of their use in planetary defense against earthbound asteroids,” reports the Wall Street Journal, which found the information “tucked away” on the 67th page of a Government Accountability Office report on the National Nuclear Security Administration.

More From Newser

But that runs the risk of having radioactive debris hit Earth, and a Purdue University professor tells the Journal that there are probably better ways to ward off asteroids, including a “gravity tractor” that could change their course.

Saying nukes are needed to defend the planet “may be an excuse for keeping the nuclear arsenal together,” he says

What happens when you drop a nuclear warhead on concrete? — FCW

Contact him at mrockwell@fcw.com or follow him on Twitter at @MRockwell4.

Researchers at Sandia National Labs, who are responsible for validating designs, improving computer modeling and updating component specifications for the W88 Alt 370 (alteration), have finished gathering data from two tests for an upgraded version of the US W88 nuclear warhead used in the Trident II submarine-launched ballistic missile.

The test is designed to replicate a crane accidentally dropping the re-entry body onto a concrete surface, according to the lab and helps develop evidence that the shell would remain safe during an accident. The June CRAFT test, according to Tim Edwards, manager for the program’s technical basis and qualification activities, was the first of several planned tests intended to demonstrate the upgraded system’s performance. It also will use the information to validate computer models designed to apply the results to other drop scenarios, since it’s not possible to replicate every possible accident in tests, according to the lab.

Data analytics

Mark Rockwell is a staff writer covering acquisition, procurement and homeland security. It was also the first flight test unit Sandia and its partners, Los Alamos National Laboratory, the Kansas City Plant, and Pantex, delivered to the Navy for full-scale testing under the program.

The second test was more straightforward — and possibly a little alarming, if you’re not familiar with nuclear weapons design tests..

About the Author

What happens when you drop a nuclear warhead on concrete?

By Mark RockwellNov 04, 2014

Image copyright to Sandia National Labs.

Sandia National Labs’ 185-foot Drop Tower Facility near Albuquerque, N.M., was used to gather data on the durability of the W88 ALT 370 warhead.

Gathering data for the latest nuclear warhead design is as nuanced as gathering intricate computer modeling data from flight tests and as brutally honest as dropping a nuclear warhead’s shell onto a concrete slab to see if it breaks.

And, according to a statement from the labs, the W88 Alt 370 is cleared to move forward.

In its first “drop test” of the W88 warhead since 1987, Sandia researchers hoisted an unarmed version of the weapon’s re-entry body on a crane and dropped it almost 200 feet to smash onto a concrete slab below.

Sandia said it will use vibration and shock measurement data from the test to update specifications for components in the weapon. The test was conducted at Sandia’s 185-foot Drop Tower Facility near Albuquerque, N.M., using the same handling gear a crane would use to move the weapon.

The Critical Radar Arming and Fuzing Test (CRAFT) was the first flight test of a prototype radar for the W88 ALT 370. CRAFT demonstrated how the radar performed during re-entry through plasma generated by the hypersonic speeds at which the warhead travels

Transatlantic clean ship rates soften | Energy & Oil | Reuters

Firmer activity in April last year

pushed rates to their highest since 2008 on a jump in U.S.

gasoline demand, helping to reduce the number of tankers

available for hire.

.

* Transatlantic market set to stay volatile

Rates for medium-range (MR) tankers for 37,000 tonne cargoes

from Rotterdam to New York moved to W155.00, or $11,642 a day

when translated into average earnings, from W164.79 or $13,688 a

day on Friday and W154.38 or $11,406 a day last Monday.

LONDON Jan 23 (Reuters) – Refined petroleum tanker

rates on top export routes were mostly steady on Monday although

slower activity took its toll on earnings in the transatlantic

market.

Brokers said a rush of cargo fixing earlier last week,

helped by a demand boost, lost momentum.

Typical Long Range 2, 75,000 tonne shipments on the Middle

East Gulf (MEG) to Japan route stood at W88.95 from W88.71 on

Friday and W88.38 on Monday.

“This looks likely to have been a fleeting spike, however,

and a sedate end to the week lowered rates back down to …

$13,500/day,” broker SSY said on Monday.

* LR rates to stay subdued due to China holidays

Long Range (LR) 1 tankers, carrying 55,000 tonne loads from

the Middle East Gulf (MEG) to Japan, were at W104.50, from

W104.04 on Friday and W98.15 last Monday.

  Continued…

Earnings hit their lowest in a year in November and have

been volatile since then

Transatlantic clean ship rates steady, gains eyed | Reuters

Long Range 1 tankers, carrying 55,000 tonne loads from the

Middle East Gulf to Japan, were at W112.04 on Monday, from

W113.64 on Friday and W118.79 last Monday.

In April last year rates reached their highest since 2008 on

a jump in U.S. “Rates

continued to trade sideways and cargo demand again failed to

force the persistent issue of an over tonnaged market.”

(Reporting by Jonathan Saul, editing by William Hardy)

Analysts said less refinery capacity in the Atlantic Basin

could boost long-haul demand for the wider products tanker

sector in coming years, helped by fewer tankers being delivered.

* Med rates still facing tanker glut

Earnings hit their lowest levels in a year in November 2011

and have been volatile since then.

* LR market stays pressured

“Upward pressure remains and further activity during the

week ahead should prompt further rate gains,” broker CR Weber

said.. Gibson said. gasoline demand, helping reduce the number of

tankers available for hire.

Brokers said firmer trading helped rates edge up in recent

days.

Typical Long Range 2, 75,000 tonne shipments on the Middle

East Gulf to Japan route stood at 85.64 in the Worldscale

measure of freight rates on Monday from W86.32 on Friday and

W88.14 last Monday.

“Enquiry in the ex-MEG LR market was met with a plentiful

supply of prompt tonnage, ensuring that 55K MEG – Japan rates

fell,” SSY said.

In the Mediterranean, 30,000 tonne shipments ex-Algeria to

southern Europe were at W137.00 on Monday versus W137.50 on

Friday and W136.67 last Monday.

Rates for medium-range tankers for 37,000 tonne cargoes from

Rotterdam to New York route moved to W147.50, or $11,709 a day

when translated into average earnings on Monday, from W147.29 or

$11,182 a day on Friday and W137.71 or $9,011 a day last Monday.

LONDON May 21 (Reuters) – Tanker rates for refined

petroleum products on top export routes were mostly softer on

Monday although buoyant cargo interest provided support to the

transatlantic market.

“It was the same old story in the Mediterranean, despite

plenty of activity last week,” broker E.A

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