The product tanker is expected to be impacted by the lack of diesel supplies, after Russia’s decision to ban exports. In its latest weekly report, shipbroker Xclusiv Shipbrokers said that “the world’s oil refineries are unable to produce enough d…
Diesel Trades to Dominate the Product Tanker Market Read More »
In the last week of September, there is some optimism in the VLCC crude oil freight market after a difficult summer season. It should be noted, however, that while there are positive signs, growth rates in tonne days aren’t yet robust. The real t…
Russian diesel oil exports in September hit the lowest level of the year Read More »
After a full year of seemingly freefalling ocean freight rates, the latest market data from Oslo’s Xeneta suggests the industry may finally have reached a turning point. According to the Xeneta Shipping Index (XSI®), which tracks real-time rates develo…
Owner of Trinity Enterprise and Trinity Tankers says his companies have a $20m claim of their own
Alf Aanonsen fires back in charter spat, arguing Grey Rock claim is ‘not valid’ Read More »
Genco chief executive says shipping has become more complicated, and that will continue
10 years after: John Wobensmith tells ASBA forum about the decade past and the one ahead Read More »