Capesize The Capesize market delivered a robust and increasingly confident performance this week, with the BCI 5TC climbing steadily from the low $30,000s to close the week in the $37,000s. The Pacific set the tone early, where consistent miner partici…
Dry Bulk Market: Capesize Showing Signals of Strength Read More »
The VLCC market is enjoying a strong upswing, with spot earnings consistently exceeding $100,000pd as rising OPEC supply has boosted vessel demand in the Arabian Gulf. With OPEC+ targets indicating an oversupplied oil market through 1Q26, the correspon…
Excessive ordering to hurt long-term prospects of VLCCs Read More »
This week’s analysis focuses on VLCC performance and the evolving Russian crude flows. Building on our October and November Special Editions, we have already outlined the main drivers behind the recent market surge. In the November edition, we emphasis…
Tracking VLCC freight momentum and the latest Russian flow shifts Read More »
The Houthis’ recent announcement to halt attacks on vessels transiting the Red Sea is a positive development for Suez Canal traffic. However, given their history of frequently shifting positions, the industry remains cautious about any near-term normal…
Easing Red Sea crisis might squeeze LR rates amid ballooning fleet Read More »
“We forecast balanced supply and demand growth for the crude tanker market in 2026 but a weakening in 2027 as ship deliveries increase. Unfortunately, the product tanker market is expected to continue to weaken during both years as ship deliveries hit …
Tankers: Geopolitics Again Take Centre Stage Read More »