The tanker market’s performance during the month of September was lackluster to say the least. In its latest monthly report, OPEC said that dirty tanker rates remained lethargic in September, as tonnage demand continued to be weak and the unwinding of …
Tanker Market in “Lethargic” Mode During September Read More »
Frustrated at the sluggish pace of progression at the International Maritime Organisation and under intensifying pressure from external stakeholders to act on climate and air quality concerns, charterers have taken matters into their own hands – and no…
Taking action on emissions Read More »
While key product tanker companies reported high earnings in 1H20, stock price returns of these companies continue to be negative YTD. Net earnings of key product tanker companies in 1H20 were higher than full-year net income since 2016. We decode this…
Lacklustre returns for product tankers despite record earnings Read More »
The tanker market is bound to face more ups and downs, as disruptions in crude oil supply are dominating headlines. In its latest weekly report, shipbroker Allied Shipbroking said that “it has been a relatively bumpy ride these past few weeks for the c…
Crude Oil’s Wild Market Ride, Leaves Ship Owners in a Bind Read More »
It has been a year of disruption for shipping. With COVID-19 altering supply chains and exerting unexpected pressures on our operations, the industry now finds itself at a turning point, caught between mitigating current challenges and thinking about h…
Accelerated by disruption; shipping’s digital revolution in the pandemic era Read More »