Supply/demand balance In our base scenario, we forecast a slight tightening of the crude tanker market in 2025 followed by a weakening in 2026. Our forecast indicates weakening of the product tanker market during both years. We now assume that ships wi…
BIMCO: Tanker Shipping’s Outlook Obscured By Geopolitical Uncertainties Read More »
Analysts warn proposed fees on China-built container ships importing goods into the US may have unintended consequences, including port congestion, increasing freight rates and shifts in global trade patterns. The Trump Administration has announced pla…
Cruise line reports better-than-expected quarterly earnings
Norwegian forecasts $1bn profit despite ‘hard-to-speculate’ tax threat from Lutnick Read More »
Asia’s crude oil imports are off to a weak start in 2025, as top importer China continues to buy less and new sanctions put the brakes on cargoes from the continent’s top supplier Russia.Asia’s imports for the first two months of the year are on track …
Asia’s Oil Imports Drop 3% Read More »
Small-scale Russian producers of liquefied natural gas (LNG) located on the shores of the Baltic Sea, Portovaya LNG and Kryogaz-Vysotsk, have suspended LNG supplies, LSEG ship-tracking data showed on Thursday, as U.S. sanctions kick in.Washington…
Russian LNG Pair Halts Exports as Sanctions Kick In Read More »