Economou, Vitol and Adnoc tankers divert away from the West towards Asia with Middle East cargoes
LR vessels tracked changing course to feed demand east of Suez
LR vessels tracked changing course to feed demand east of Suez
One of the largest VLCC newbuilding runs in history is drawing in new owners and shipbuilders to the big tanker business
VLCC spending spree of the ages tops $10bn with new names sucked into the business Read More »
Analysts and brokers believe pressure is on to solve potential Hormuz shut-in
Investors look beyond tanker surge as stocks fall and economic shocks loom Read More »
Warning follows lull in attacks on shipping after deadliest attack yet in the Strait of Hormuz
High-risk ships told to keep moving to avoid attack in Middle East Gulf Read More »
Oilmar boss tells TradeWinds that costs are volatile as uncertainty grows
Gulf bunker supplies tighten as some deliveries halted amid price spikes Read More »