The Latin American crude oil market is expected to benefit the tanker market moving forward. In its latest weekly report, shipbroker Gibson said that “Latin America has historically been home to both a large population and large refining base. However,…
Crude Tankers To Benefit from Latin American Oil Export Market Read More »
The US crude oil export trade has been rather disappointing in 2021, following up on a similar trend from 2020. In its latest weekly report, shipbroker Banchero Costa noted that “2020 was overall a very negative year for crude oil trade. Total loadings…
Tankers: No Support from the US Oil Export Trade Read More »
The tanker market’s rebound is proving to be rather elusive, as the latest COVID-19 variant is expected to further delay a sustainable oil market demand growth moving forward. In its latest weekly report, shipbroker Allied Shipbroking said that “renewe…
Tanker Market’s Rebound is Still Far Away Read More »
I t seems that the ship recycling market has already entered the “festive” mode, with little activity and a fall in prices offered. In its latest weekly note, shipbroker Clarkson Platou Hellas said that “the market has the feel of early Christmas celeb…
Demolition Market in “Festive” Mode Read More »
Ship owners have stayed away from more newbuilding deals over the past week, as market fears have taken over, while S&P deals remained rather firm. In its latest weekly report, shipbroker Allied Shipbroking said that “the overall newbuilding market…
Market Fears Prompt Less Newbuildings, More S&P Deals Read More »