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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Wet
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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December 20, 2018
VLCC; with the Dec program concluded this week’s focus has been on early Jan cargoes from MEG. (more…)
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December 18, 2018
Unless you’ve been living under a rock for the past week, you will probably have heard that OPEC are at it again, preparing to cut...
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December 12, 2018
China’s monthly iron ore imports dropped for the first time this year joined by declines in copper and soybeans as economic growth slows in the...
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November 29, 2018
Aframax in the North Sea and Baltic are experiencing a firmer market when we are now fixing cargoes with December laycan. (more…)
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November 28, 2018
Last week I had the privilege to attend the SingularityU Greece Summit, in Athens... (more…)
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November 26, 2018
Low water levels on the Rhine have remained a persistent problem for the European commodity markets since the summer, forcing many refineries and industrial plants...
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November 22, 2018
VLCC market showing signs of strengthening again after a quiet week with most of the market-players away in Dubai. (more…)
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November 21, 2018
Halfway through the fourth and last quarter of the year, we spot a significant change in freight rates for tankers trading dirty, as well as...
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November 19, 2018
To say its been tough for Venezuela in recent years would very much be an understatement. (more…)
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November 15, 2018
With most of the VLCC market players in Dubai for the Bahri reception this week, the activity has remained calm with little excitement. (more…)
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