March 18, 2019
Opec crude production fell by 240,000 b/d in February to 30.68 million b/d, its lowest level in 4 years. (more…)
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Wet
March 13, 2019
It has been noticed that the UAE met its compliance with the OPEC and non-OPEC production cuts for February, while it continues to make voluntary...
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March 6, 2019
In a downward moving market, softer SnP activity is usually a given, as the gap between Sellers’ and Buyers’ ideas widens, especially when the drop...
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February 28, 2019
The Atlantic, predominantly USG activity continue to push the VLCC rates up for all the major routes. (more…)
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February 21, 2019
The brisk activity ex Usg for march has managed to pull the rates up for the other major VLCC-routes. (more…)
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February 13, 2019
If there is one word that can describe the current shipping environment then that this word is most probably “volatility.” (more…)
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February 7, 2019
The activity for the VLCCs, particularly in the days prior to the Lunar New Year holidays, remained active but as the holidays started in earnest...
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February 4, 2019
In 2010 Libyan oil production topped 1.6 million b/d, 9 years on and crude output since has struggled to come close to sustaining anywhere near...
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January 31, 2019
It has been an active week for the VLCCs but for the most part ex MEG and W.Afr as activity ex Americas has taken a...
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January 30, 2019
With 2018 over, we can definitely say that last year met the positive expectations everyone had after four years of continuous challenges for the off-shore...
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January 21, 2019
The scrubber debate continues with the same intensity as it did six months ago, although there appear to be fewer announcements for new installations. (more…)
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January 17, 2019
After a slow start to the week an injection of activity mid-week has seen VLCC rate nudge up slightly, although for modern ships only. (more…)
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January 14, 2019
It is fair to say the US crude exports have transformed the global oil markets since the crude export ban was lifted by Congress at...
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January 10, 2019
VLCC January has so far not given much cause for celebration for VLCC owners. (more…)
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January 3, 2019
Despite the end year holidays , ships have quietly been fixed off , particularly in the Meg. (more…)
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