Undoubtedly 2015 was a memorable year. For some a year to forget for tankers a year to enjoy. Whilst the
February 15th marks the fifth anniversary of the start of the Libyan revolution, which ended in the overthrow of the Muammar
Over a month has passed since the US government lifted the decades-old ban on US crude exports. To date, there have
2015 marked the third consecutive year of strong tanker ordering activity. In fact, total investment in new tonnage reached its highest
While we have finally seen a resolution to the Iranian sanctions saga, the clarity as to what is now acceptable remains
Employment of larger product carriers in the West is increasing and whilst the most noticeable gain may be for LR1s trading
It will come as no surprise that tanker demolition activity during 2015 reached its lowest level in twenty-five years. In deadweight Continue reading
This year has been great for tanker owners with returns at multi-year highs. Trying to grasp everything that has happened
Indian oil demand has witnessed incredible growth in 2015. In Pctober, fuel consumption rose 17.5% year on year as demand
At the end of last year OPEC’s historic decision to defend its market share had massive repercussions for oil markets, resulting