To say its been tough for Venezuela in recent years would very much be an understatement. The economy has shrunk
Oil prices had been on an upward trajectory since July last year, with Brent values briefly climbing above $85/bbl in
Sanctions are back. From Monday any company trading Iranian crude faces being cut out of the US financial system. The
India, along with China has long been revered as a key driver of world oil demand growth. However, higher crude
Not so long ago, a lot of tanker and dry cargo owners had been fiercely opposed to the installation of
Looking at the orderbook for Handysize product carriers (25-39,999 dwt), one might think that this size range presents an attractive
The highlight of this week’s trading has been an impressive spike in spot VLCC rates, with daily TCE earnings up
Winter has typically been a period of stronger earnings and higher freight volatility for the tanker sector. However, the winter
Robust scrapping activity has been one of the key features of the tanker market this year. Demolition has been particularly
In the week that Trump claimed to have agreed a ‘really good deal’ for America as part of renegotiation of