Spot tanker demand is expected to benefit from the latest oil market price dynamics. In its latest weekly report, shipbroker Intermodal said that “the turbulent dynamics witnessed in oil markets during the five months of 2024 have had a direct impact o…
Oil Price Dynamics in Favor of Spot Tanker Demand Read More »
Greek shipowners control more than 20% of the global merchant fleet, in terms of deadweight tonnes – dwt (Figure 1), making Greece the world’s largest shipowning nation. The Greek-controlled merchant fleet is not only the largest in the world, bu…
The indispensability of the Greek-owned fleet: international and cross-trading Read More »
Validation of voyage emissions data and contractual arrangements for allocation of EU ETS costs remain key challenges for Greek shipowners as they face an estimated total €335m bill this year, potentially rising to €1bn once the regulation is fully imp…
Tanker market participants will be closely watching OPEC’s upcoming meeting, in order to draw any conclusions for the future of the oil market’s dynamics. In its latest weekly report, shipbroker Gibson said that “oil markets once again are carefully wa…
Tankers: Oil Market Direction to Impact the Market Moving Forward Read More »
Among the countries which are contributing to an unstable oil production flow into the global market are Sudan and South Sudan. In its latest weekly report, shipbroker Poten said that “domestic turmoil and regional tensions restrict oil exports Sudan a…
Sudan and South Sudan: A Tale of Two Oil Producers Read More »