Longest break in VLCC orders for quarter of a century amid market blues and fuel uncertainty
Bookings have ground to a halt due to fuel uncertainty, low earnings and soaring steel prices
Insight
Clarksons Platou says oil demand picking up as tankers look for next catalyst
Global inventories are expected to rise 900,000 barrels per day for the rest of the year, a figure the bank says will help the tanker recovery
Clarksons Platou says oil demand picking up as tankers look for next catalyst Read More »
Capesize bulker rates drop below $10,000 per day as China’s real estate woes cause ‘tough’ steel market
Capesize sector may get boost from expected economic stimulus from government, analyst says
Saudi Aramco’s record results explain why Opec is reluctant to ramp up production
Oil giant doubled its money during its second quarter as Ukraine war sent oil prices into the stratosphere
Saudi Aramco’s record results explain why Opec is reluctant to ramp up production Read More »
Seafarer ministries look to industry as demand shifts continue
What seafarers expect from on-shore centres is changing, Mission to Seafarers secretary general Rev Andrew Wright said
Seafarer ministries look to industry as demand shifts continue Read More »