At the start of August, Kuwait dispatched the first shipment of crude to the recently completed 200,000 b/d refinery at

2017 has seen a notable increase in unplanned refinery outages, which has naturally had an impact on the product tanker

Early this month, figures confirmed the rise of China as the world’s largest importer of crude oil ahead of the

Last September one of our reports focused on the prospects for higher demolition activity for tankers on the back of

It’s safe to say that LR2s have had a pretty torrid year to date, with earnings on the benchmark Middle

Undoubtedly, the OPEC led production cuts are having negative implications for crude tankers, particularly VLCCs. Although no major

The impact of the Ballast Water Management (BWM) Convention on future levels of demolition has been a hot topic for

This week has seen a number of significant sales that draw attention to the continued downward correction in prices. We

Back at the beginning of May, our weekly report focused on the accelerating pace of orders, in particular demand for