For much of 2015, talk of floating storage was dominated by speculation that the contango in crude futures might support crude
For many years the tanker industry benefited from strong increases in the trade of Atlantic Basin crude to the East. Several
The abundance of crude that triggered the collapse in oil prices has undoubtedly offered multiple benefits to tanker markets since late
I think it is fair to say that most of us knew very little (if anything) about the so called
2015 saw the continued growth in US product exports. According to the Energy Information Administration (EIA) exports of the main clean Continue reading
In December 2015 the U.S. Congress voted to lift the crude oil export ban that had been in place since 1975.
The subject of tanker demolition is always topical, particularly now after several years of robust investment in new tonnage. With exception
Much has changed in the last 12 months following the global rout in oil prices. The anticipated rationalisation of European
Traders continue to keep a watchful eye to take advantage of any opportunities to ecploit contango play, but (so far)
Of all the global tanker fleet from 25,000 dwt +, the Handy/MR segment is by far the largest, consisting of 1,895