Last year saw a notable increase in tanker demolition, recording the second highest number of tankers (above 25,000 dwt) scrapped
Whilst many members of the OPEC+ group are struggling to achieve its allotted output quota, one country that has been
Spot VLCC earnings were in the negative territory for most of last year, with TD3C averaging minus $250/day on a
In recent weeks, headline refining margins have surged to record levels, whilst clean tanker rates have also tested or exceeded
Tanker investments these days are not a straightforward decision. A prospective buyer is faced with a combination of price pressure,
As the sanctions effort ramps up against Russia, governments around the world are seeking ways to wean themselves off Russian
The combination of high oil prices and the need to find alternatives to Russian crude has led to renewed interest
While the sanctions’ list against Russia is growing longer as the days go by, the International Energy Agency (IEA) is
Each week, Gibson monitors developments in refined product and crude oil inventories
Surging global oil prices and Russian sanctions are forcing Western governments to approach those countries they previously sanctioned in