May 25, 2020
In recent weeks, much of the focus in the oil markets has been on the supply side, be it through OPEC+ production cuts, rapidly falling...
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Market Reports
May 18, 2020
In recent weeks, several publicly listed tanker companies announced their decisions to postpone scrubber installations. (more…)
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May 11, 2020
In recent weeks reports about floating storage have featured in the international press... (more…)
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May 6, 2020
It comes as no surprise that activity in the dry bulk SnP market remains soft, with asset values caught in the downward spiral generated by...
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May 4, 2020
In April both crude and product tanker rates surged to record levels, despite the agreement reached between OPEC+ members to cut crude production by 9.7...
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April 29, 2020
The unprecedented events that have taken place since the beginning of the year have already shaped expectations for the rest of 2020. (more…)
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April 27, 2020
Globally the products tanker market is seeing record freight levels in most trading regions. (more…)
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April 15, 2020
As everyone anticipated the results of the OPEC + G20 meeting last week, it was very interesting to watch the reaction of tanker rates that...
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April 8, 2020
With lockdown measures around the globe tightening during the last weeks of Q1, there is finally a feeling that most countries are slowly but steadily...
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April 6, 2020
Crude oil prices have been hit by a toxic cocktail of a global slump in demand... (more…)
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April 2, 2020
The VLCC market continues to full speed ahead. MEG/China now done a couple times at W210, one by a Shell relet named "Advantage Value, which...
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April 1, 2020
There is an old, allegedly Chinese, saying suggesting that living in “interesting” times usually refers to times of trouble. (more…)
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March 30, 2020
In one of the most uncertain peacetime periods ever witnessed, trying to make a call on the future direction of the market is a near...
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March 26, 2020
From withering heights, VLCC rates have seen a slow but steady decline in the week gone by. (more…)
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March 25, 2020
There is no doubt that the Covid-19 pandemic crisis is a world-shattering event that will change the world as we know it. (more…)
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