An investment opportunity could be emerging for tanker owners in the Handy segment, as the global fleet in this particular segment is ageing. In its latest weekly report, shipbroker Gibson said that “this week has seen freight rates for both clean and …
Handy Tankers Could be a Solid Investment Play Moving Forward Read More »
In order to meet increasing restrictions on the sulphur content in marine fuel as defined by MARPOL Annex VI Regulation 14.1.3, the characteristics of the blending component feedstocks, method of production and type of cutter stocks used may be differe…
Stability and compatibility of very low sulphur fuel oils Read More »
The tanker market is waiting for the looming decision on oil supply from OPEC’s coming meeting. In a recent weekly report, shipbroker Intermodal noted that “while the market expects the next OPEC meeting, there are still no clear signs indicating that …
OPEC and the Tanker Market: Oversupplied Market Will Dominate Proceedings Read More »
The Very Large Crude Carrier (VLCC) fleet has grown at a staggering rate of 8% year to date in November. The 65 VLCCs delivered in the first 11 months of 2019 will mark the highest number of deliveries since 1976. A total of 19m DWT has been delivered …
Shipping number of the week: Most VLCCs delivered in 40 years Read More »
Tanker owners had their moment in 2019, during these crazy few weeks of October, but with the market gradually retreating since, they are quickly returning to the grim reality of the current market fundamentals. In its latest weekly report, shipbroker …
Tanker Market: Mild Optimism Should be the Norm Ahead of 2020 Read More »