Refineries in China have been steadily increasing their crude oil intake in recent years, aided in part by the granting
India’s energy policy is largely defined by its ever expanding energy deficit which places an even greater dependency on a
Russia’s oil exports are an important demand generator for the tanker industry. However, for quite some time now many in
Last week’s announcement that OPEC has reached a provisional agreement to cut production came as a surprise to many oil market Continue reading
Back in June, two of China’s biggest shipping companies merged to establish COSCO Shipping Energy Transportation (CSET). The new
It appears that the crude tanker markets have moved on from the worst of the August slump. Suezmaxes trading out of
Back in 2015 the tanker industry witnessed only a modest growth in tanker supply, while there were significant increases in demand
In October, the International Maritime Organization (IMO) will hold the 70th Marine Environment Protection Committee (MEPC) meeting where
The importance of Nigeria for the tanker market should not be understated. The country’s crude exports are a big contributor to Continue reading
Perhaps of all countries, Venezuela has suffered the most from the crash in crude oil prices.Furthermore, Venezuelan heavy grades tend