Crude oil imports from China have been lower during the first four months of the year. In its latest weekly report, shipbroker Banchero Costa said that “in Jan-Dec 2024, global crude oil loadings went up by a modest +0.4% y-o-y to 2194.6 mln tonnes, ex…
Tankers: China Crude Oil Imports Lower So Far in 2025 Read More »
At the end of the third week of May, we are analysing the AG growth in tonne days within the dirty segment for VLCC tankers and the Ras Tanura supply trend to reveal the potential reasons behind the persistent downward pressure seen in the AG-China fre…
Tanker – Weekly Market Monitor: VLCC Tonne Days AG/Ras Tanura Net Supply Read More »
A lot has happened over the past week. We’ve seen a US-Houthi ceasefire deal re-spark the debate around safe access to the Red Sea. A UK-US trade deal has been struck – the first of its kind since the ‘Liberation Day’ tariffs. And, perhaps most signifi…
The tanker market participants have adjusted their way of doing business with sanctions on Iranian oil in mind. However, this could change sooner rather than later. In its latest weekly report, shipbroker Gibson said that “since April the US and Iran h…
Tanker Market: The Iran – US Talks and its Implications Read More »
Capesize The Capesize market ended the week on a firmer note after a shaky start, recovering well from early pressure caused by uncertainty in Guinea. The announcement of revoked mining licenses initially rattled sentiment, but the market quickly regai…
Dry Bulk Market: Capesizes End the Week on Higher Ground Read More »