Torm warns product tanker rate boom could spark order spree
Danish owner also reveals strong bookings for the third quarter
Torm warns product tanker rate boom could spark order spree Read More »
Insight
Remember February 2009? That’s the last time tanker S&P indices were this high
Active sale-and-purchase market sees tanker values continue to soar past highs of more than a decade ago
Remember February 2009? That’s the last time tanker S&P indices were this high Read More »
Tanker owners could consider period coverage as market remains risky, Gibson says
Owners can count on vessel supply tightness, but issues around the global economy, oil demand and Opec persist, broker says
Tanker owners could consider period coverage as market remains risky, Gibson says Read More »
Capesize and panamax bulkers tread water in ‘lethargic’ Pacific basin
Average spot rate for C8 roundtrip voyage between Brazil and Europe jumped 50% since last Friday to more than $20,000 per day
Capesize and panamax bulkers tread water in ‘lethargic’ Pacific basin Read More »
Tanker demand tipped to rise 6% in 2023 on Russian aggression, says Clarksons
Impact of invasion of Ukraine and refinery changes are key to the changes, says broker
Tanker demand tipped to rise 6% in 2023 on Russian aggression, says Clarksons Read More »