Canada has been emerging as a new major seaborne oil exporter, with 2025 marking yet another year of impressive growth. In its latest weekly report, shipbroker Banchero Costa said that “in 2025, global seaborne crude oil trade rebounded quite significa…
Tankers: Canada’s Seaborne Oil Exports Starting to Make Waves Read More »
Cargo-flow analysis indicates that Russian crude shipments to India slowed in early January, as reflected in the 7-day moving average across the first three weeks of the month. While India remains one of the most important destinations for Russian oil,…
Freight Market VLCC AG Supply Vs Demand Read More »
Geopolitics, economic headwinds, shifting supply chains, digital breakthroughs, and sustainability pushes are converging to challenge trade in 2026, according to the UNCTAD Global Trade Update. These drivers are “redefining how countries engage in comm…
Global volatility and rising south to redefine trade Read More »
The U.S. Coast Guard Cutter Polar Star (WAGB 10) began icebreaking operations in the Southern Ocean in support of Operation Deep Freeze 2026 and marked its 50th year of commissioned service Saturday by freeing and escorting a cruise ship trapped…
Frontline plc (NYSE and OSE: FRO) entered into one-year time charter-out agreements for seven of its VLCCs. The charters will commence during the period from late-January to April 2026 at a rate of $76,900 per day per vessel.“We are in unprecedented t…
VLCC Charter Rates Soar – “We are in unprecedented times” say CEO Read More »