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 »
Tanker market rates have been reacting to the latest developments globally. In its latest weekly report, shipbroker Xclusiv said that “the first half of January reminded everyone that crude tankers do not need a fresh demand miracle to re-rate, they ju…
Tanker Market Shifts Along with the Global Map Read More »
The Week in Focus Drone strikes in the Black Sea have targeted multiple commercial tankers awaiting loading at or near the Caspian Pipeline Consortium (CPC) terminal. U.S. forces have expanded interdiction under Operation Southern Spear, seizing multip…
Tanker Seizures and Drone Attacks Escalate Maritime Risk Read More »