Tanker market report dated 16 November 2018

To say its been tough for Venezuela in recent years would very much be an understatement. The economy has shrunk more than half since 2013, almost 10% of their 30 million population have fled and their oil output – which accounts for 90% of their exports – has plummeted to levels not seen since 1940’s. A chronic lack of investment in the vital oil infrastructure, years of mismanagement and hyperinflation has sent the country’s oil production into ‘free fall’. 

The weekly tanker market report by Gibson Shipbrokers features an overview of the crude oil and oil product tanker market.

MEMBER SECTION

If you are a member, please login above or register to view this page. If you are unsure of your membership, or wish to become a member, please contact membership@bimco.org.

 

in Copenhagen, DK

Stay up to date

Receive up to date market information on a number of topics, such as bunker prices, newbuilding and demolition reports as well as a weekly perspective in the Shipping Number of the Week newsletter.

 

ELSEWHERE ON BIMCO

Contracts & Clauses

All of BIMCO's most widely used contracts and clauses as well as advice on managing charters and business partners.

Learn about your cargo

For general guidance and information on cargo-related queries.

More about cargo

BIMCO Publications

Want to buy or download a BIMCO publication? Use the link to get access to the ballast water management guide, the ship master’s security manual and many other publications.