Monumental shifts in global tanker flows that followed the Russian invasion of Ukraine led to structural increases
The LR1/Panamax market has often been referred to as a dying sector, with investment in new tonnage close to zero
The Olmeca refinery in Dos Bocas, Mexico, was inaugurated in July 2022 by Mexico’s president Andres Obrador and his successor Continue reading
South America has been a major source of oil supply for decades. Traditional producers Colombia, Venezuela and Ecuador
August has seen the weakest clean tanker earnings for the year to date globally across all categories but as we
News around the crude market has recently been dominated by headlines about weak Chinese oil demand on one side and
LNG as a marine fuel appears to be coming back in vogue. Having lost ground to methanol, ammonia and conventional
With most tanker markets currently seeing earnings at their lowest levels this year, the recent stock market chaos, ongoing energy
It has been over four years since the IMO’s global sulphur rules were introduced. Prior to implementation, there had been
In December 2023, when the newly elected Xavier Milei took the oath as the Argentinian president, the country was reeling