Wet

Weekly reviews of Wet Cargo Shipping markets from leading analysts.

Wet

Gibson

July 6, 2020

Canada has the third largest oil reserve behind Venezuela and Saudi Arabia. (more…)
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Intermodal

July 1, 2020

It was beginning of 2020 close to 6 months from now when we first experienced the huge impact of the COVID 19 outbreak on Ship...
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EA-Gibson

June 29, 2020

In early June the US Treasury department added several tankers to its Venezuela sanctions lists for allegedly lifting oil from the country between mid-February and...
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Gibson

June 22, 2020

As we near the halfway point of 2020, it seems like an impossible task to summarize everything that has transpired over the past 6 months....
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Intermodal

June 18, 2020

After experiencing record earnings during the first half of the year, the focus of headlines concerning the tanker market has shifted from the develop-ments regarding...
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Gibson

June 15, 2020

Libya’s National Oil Corporation (NOC) announced earlier this week that production at the Al-Feel oilfield has restarted, with an initial output of 12k b/d, increasing...
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Gibson

June 1, 2020

Setting aside the exceptional volatility in tanker rates, Covid-19 outbreak and the dramatic changes in world oil markets, one of the features of the tanker...
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Gibson

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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EA-Gibson

May 18, 2020

In recent weeks, several publicly listed tanker companies announced their decisions to postpone scrubber installations. (more…)
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Gibson

May 11, 2020

In recent weeks reports about floating storage have featured in the international press... (more…)
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Intermodal

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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Gibson

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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Intermodal

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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Gibson

April 27, 2020

Globally the products tanker market is seeing record freight levels in most trading regions. (more…)
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Intermodal

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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