The tanker market has been suppressed during the month of January, OPEC said in its latest monthly report. Dirty spot freight rates registered a slow start to the year. VLCCs showed the best performance in January, with the Middle East-to-East route up…
Tanker Market Suppressed During January Read More »
By early 2025, net supply has declined significantly from the peaks seen in 2023 and early 2024, reinforcing the inverse correlation between supply levels and TD3 rates. The sharp drop in net supply has driven a notable spike in TD3 rates, validating t…
Tanker Weekly Market Monitor: Dirty Oil Supply Read More »
The global economic landscape is undergoing a dramatic transformation, shifting from the unified globalisation model of the 1990s to a more fragmented system characterised by regional alliances and competing blocs. This shift, highlighted by Gilles Moë…
Shifting sands of global trade Read More »
Shipowners argue against a return to ‘dependence’ and say dark fleet has ‘one-way ticket’
Is Ukraine peace really a negative catalyst for product tanker owners? Read More »
Greece’s Ombudsman has found that the coast guard failed to follow maritime rules in one of the Mediterranean’s worst shipwrecks in 2023, raising the alarm only after the overcrowded migrant boat sank, sources told Reuters.The conclusions of the inquir…
Coast Guard Breached Maritime Rules, Inquiry Finds Read More »