The final influx of newbuilding contracting for 2019 is taking place these days, with not much to report. In its latest weekly report, shipbroker Banchero Costa said that “a few major orders to report this week starting from the big spending Maran Tank…
Last Newbuilding Orders of 2019 Taking Place Read More »
With tanker owners looking for clues on future oil demand and potential new trade routs, it’s worth taking a look at the developments in the Far East Russian front. In a recent weekly report, shipbroker Banchero Costa said that “just 10 years ago, Russ…
Far East Russia Crude Oil Exports: A Legitimate Tanker Play? Read More »
The financial situation in India isn’t the rosiest of late, spelling trouble for the future demand of oil and thus the tanker market as well. In its latest weekly report, shipbroker Gibson said that “India, which is home to over 1.3 billion people was …
India’s Financial Trouble Could Spell Problems for the Tanker Market as Well Read More »
The tanker market has been on a high during November as well. In its latest monthly report, OPEC said that dirty tanker spot freight rates in November remained at robust levels relative to the lacklustre performance seen for most of this year, but were…
Tanker Market: Robust Levels All Around During November Read More »
The tanker market had an eventful quarter, with VLCCs in particular taking full advantage of the trade war aftermath. In its latest weekly report, shipbroker Intermodal noted that “pacing towards the end of the year there are much to discuss on how the…
Tanker Market Closing in On New Decade with Much to Look Forward to Read More »