Europe witnessed a 10% increase in crude oil imports in May 2025, likely due to refineries completing maintenance ahead of schedule, boosting crude demand. This period also saw a notable change in import origins, with a decrease in volumes from the Uni…
The international steel market is experiencing a period of upheaval, as escalating excess capacity and market-distorting policies continue to reshape global trade flows. The May 2025 OECD Steel Outlook 2025 report casts the trade stresses in a sobering…
Excess steel capacity fuels trade tensions Read More »
With the recent implementation on 1st May 2025, of a new Emission Control Area (ECA) in the Mediterranean Sea, the question arises, will we see an increase in demand for marine gas oils/distillates? If so, will a higher demand result in a lower quality…
Distillate Fuels: The “Trouble-Free” Marine Fuel? Read More »
The decision of the U.S. Court of International Trade to deem Trump’s sweeping tariffs as unlawful is good news for shippers – but it could signal the beginning of the next era of confusion in global supply chains. Insight from Emily Stausbøll, Xeneta …
“In 2025, we forecast a balanced development in the crude tanker market followed by a slight weakening in 2026. The product tanker market is expected to weaken during both 2025 and 2026 as deliveries from the large order book increases supply growth,” …