Harry Vafias fears ‘major global shock’ and ‘demand destruction’ if war drags on in Middle East
Imperial Petroleum CEO says the big question is how long the disruption will continue
tankers
Tanker rates leap for term charters as Trafigura moves for flexible tonnage
Aframax/LR2 earnings soar as charterers seek to secure capacity amid Middle East war shut-in
Tanker rates leap for term charters as Trafigura moves for flexible tonnage Read More »
‘Catastrophic’ impact on oil market if war drags on, warns Aramco CEO
Wood Mackenzie estimates prices would need to reach $150 per barrel to rebalance the market after massive supply cuts
‘Catastrophic’ impact on oil market if war drags on, warns Aramco CEO Read More »
Ship master reports ‘loud bang and splash’ north of Abu Dhabi
First ship attack since the weekend
Ship master reports ‘loud bang and splash’ north of Abu Dhabi Read More »
Booming but frozen: Brokers pinpoint the contradictions in Middle East tanker market
More owners willing to risk Hormuz transit, while other VLCCs head away
Booming but frozen: Brokers pinpoint the contradictions in Middle East tanker market Read More »