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IMO 2020: Fundamentals to Rule Product Tanker Market Soon


The turmoil in the shipping and fuel markets from the IMO rule is bound to settle down, sooner, rather than

Making Sense of Consolidation: The Data Behind Decision Making


During Nor-Shipping earlier this month, our Head of Offshore, Robert Day, joined industry professionals to speak at Marine Money's Norway

Oil in floating storage hit near two-year high in May – Vortexa data


Crude and condensate in long-term floating storage hit its highest since August 2017 in May at 24 million barrels, as

Tankers: Persian Gulf Fixtures Dominate “Festivities”


Since last week’s attacks in the Gulf of Oman political tensions remained high, leading owners and charterers trying to determine practical ways to continue fixing in the Middle East Gulf. After a slow start, deals started emerging. Rates shifted

Shipping experts are ‘highly worried’ about rising military tensions in the Strait of Hormuz, surging rates, and the imp


The cost of chartering very large oil tankers to sail through the Strait of Hormuz in the Persian Gulf may

Teekay Offshore Partners Announces Termination of Cheviot Field Opportunity and Availability Of Petrojarl Varg FPSO


In October 2018, certain subsidiaries of Teekay Offshore Partners L.P. entered into an agreement with Alpha Petroleum Resources Limited (Alpha

Business as usual for sea traders despite tension between US, Iran


Traders, launch operators, cargo handlers and the crewmen told Khaleej Times that nothing has changed for them.

There may be a

US-Iran tension: Navy to escort Indian crude tankers sailing through Strait of Hormuz


Desh Vishal, an oil super tanker owned by the state-run Shipping Corporation of India (SCI) has become the first Indian-flagged

Q-Flex vessel sets delivery benchmark in Turkey


Qatargas announced the safe delivery of the largest single cargo of liquefied natural gas (LNG) to the Marmara LNG Terminal

Intelligent very large crude carrier delivered in NE China


The world’s first intelligent very large crude carrier (VLCC) with loading capacity of 308,000 tonnes was delivered to its customer

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