The product tanker market in Europe in being affected by weather conditions over the past few months. In its latest weekly report, shipbroker Gibson said that “low water levels on the Rhine have remained a persistent problem for the European commodity …
Product Tankers and the Rhine Low-Water Level Issue Read More »
Once again, the disappearance of Iranian oil from many markets, not to mention Iranian VLCCs, is shifting fortunes in the tanker market, with ship owners looking forward to “early Christmas presents”, as one analyst recently put it. In its latest weekl…
Tanker Owners Looking Forward To Increased Ton-Mile Voyages on Iranian Sanctions Read More »
Back in 2006, the famous documentary film starring former US Vice President Al Gore described global warming as “an inconvenient truth”. More than a decade later, the maritime industry might soon find this climate development living up to its movie-ass…
STEALTHGAS INC. (NASDAQ: GASS), a ship-owning company primarily serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced Friday its unaudited financial and operating results for the third quarter and nine month…
Asian LPG Market Softness Hurt StealthGas’ Third Quarter Performance Read More »
New data seems to suggest that the recent rally in tanker freight rates could be more than just a blip. In its latest weekly report, shipbroker Intermodal said that “halfway through the fourth and last quarter of the year, we spot a significant change …
Christmas Arrived Early for Tankers: Will they last? Read More »