A projected rise in oil demand and prices has opened a debate on the downside risks to global growth. Morgan Stanley’s Chief Global Economist, Chetan Ahya, says when it comes to oil, timing is everything. The pace of the recent rise in oil prices has s…
Could Rising Oil Prices Tank Global Growth? Read More »
A few years back, when oil prices were tumbling down, there was a sense of optimism among ship owners active in the tanker market, as there was the expectation that lower prices would yield more demand. This time around, an opposite scenario, coupled w…
Crude Tanker Market Waiting for News on the Oil Price Front Read More »
In a lackluster market, trading a vessel in the right route is vital. In its latest weekly report, shipbroker Gibson said that “where to position tonnage has always been a key question for tanker owners. Having exposure to the right market can make the…
Trading Tankers: Where and Why? Read More »
When it comes complying with the IMO’s 2020 0.5% low sulphur regulation scrubbers have not received much good press, but a mix of anlaysts,researchers and classification society officials at Posidonia all saw them as a good solution attracting serious …
Scrubbers shown a little bit of love for large sized vessels Read More »
Ship owners’ sentiment towards the tanker market seems to be more positive lately, at least if one takes into account the appetite for more newbuildings. In its latest weekly report, Allied Shipbroking said that it was “a very interesting week for the …
Tanker Newbuldings Gathering Pace Read More »