Argentina is shaping up to be a major crude oil exporter by the end of the decade, thus boosting ton-mile demand for tankers. In its latest weekly report, shipbroker Gibson said that “Argentina has turned into one of the biggest growth stories in oil p…
Tankers: Argentina to Boost Ton-Mile Demand Read More »
Capesize The Capesize 5TC remained firm from Tuesday and accelerated in the latter half of the week, breaking through the $30,000 threshold and eventually landing at $31,756 on Friday, gaining over $6,000 week-on-week. In the North Atlantic, a long car…
Dry Bulk Market: Capesizes Post Strong Rebound Read More »
When the G7 and EU revised the oil price cap on Russian crude in July 2025 cutting it from $60 to $47.60 per barrel it wasn’t just a diplomatic adjustment. It quietly redrew the shipping map for crude oil, with consequences still unfolding. As India an…
Sanctions and the Shadow Fleet: How Russian Oil Caps are Reshaping Tanker S&P Market Read More »
LPG imports from China, the world’s leading importer have been marginally higher so far in 2025. In its latest weekly report, shipbroker Banchero Costa said that “global LPG (liquified petroleum gas) trade has been steadily recovering in the past three…
LPG Shipping: China’s Imports Steady Through the Year Read More »
The European Union’s latest sanctions on Nayara Energy, India’s Rosneft-linked refiner, are beginning to impact clean product flows out of the Vadinar terminal visibly. Oil flows voyages tracking India-origin seaborne shipments show that the Naraya Vad…
EU Sanctions Start to Disrupt Clean Product Exports from Nayara’s Vadinar Refinery Read More »