Port has signed a long-term deal with Petrobras to lease out four 100,000-cbm bonded crude tanks, which bodes well for longhaul VLCC demand.
Petrobras to open “crude supermarket” in Qingdao Read More »
Increase in shipments could bring floating storage opportunities
Recovery in Iranian oil exports may boost tanker employment Read More »
Opec and its Russia-led partners will reduce oil supply by 1.2 million bpd in the first half of 2019
Opec-led output cut expected to hurt tanker demand Read More »
Opec is expected to announce a final deal on supply cut after discussing with some Russia-led producers on Friday.
Tanker industry holds breath as Opec delays output decision Read More »
Modern MR tonnage proves most popular, but larger ships may have more S&P upside
Secondhand product tanker market attracts investor interest Read More »