Clean LR2 MEG LR2 freight moved dramatically this week. The TC1 75kt MEG/Japan index ultimately went from WS222 to WS446, with the corresponding TCE climbing to $120,000/day on Baltic description round trip. A voyage west saw the TC20 90kt MEG/UK-Conti…
Tanker Shipping Rates Post Strong Gains on Middle East Worries Read More »
The continued attacks in the Gulf by the US/Israel have increased tensions around the key sea route passage, Strait of Hormuz, which handles around 2.9 mbpd of refined products such as naphtha and diesel. This massive volume accounts for almost 17% of …
US–Iran conflict to alter the trade pattern of product tankers Read More »
Executive Overview Tensions around the Strait of Hormuz are increasingly spilling into global oil markets, raising concerns about potential disruptions to one of the world’s most critical energy transit routes. As regional tensions evolve, the central …
Signal: Rising Tensions Since Saturday Escalate Energy Risk Read More »
The chemical tanker sector is currently experiencing a period of acute transformation and persistent volatility with a new year that brought the same uncertainty as 2025: shifting trade flows, a looming oversupply of aging vessels, and a fragmented reg…
New year, same old uncertainty for chemical tankers Read More »
Further attacks on vessels and maritime infrastructure in the Middle East as the conflict in the region reached its 5th day. At least 9 ships now identified to have been attacked, including the ‘Safeen Prestige’ (IMO number 9593517, feeder containershi…
Middle East Conflict: Shipping Activity Very Limited, Rates on the Rise Read More »