American crude production has gone from strength to strength in recent years, despite a recent slowdown.
Investment in new tankers today is not a simple decision, considering mounting environmental pressure, uncertainty about future vessel designs
The shipping markets are no stranger to emissions control areas (ECAs), following the establishment of ECAs in the United States Continue reading
Chinese oil demand has been underwhelming this year. The IEA had to revise their full year forecast downwards
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