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Tanker Shipping - Crude oil tankers buoyed by low supply growth, as winter season approaches

15 October 2014

The world seems to be awash with oil these days, to an extent that no geo-political tensions in the oil-rich producing nations can make us “scared enough” to hike oil prices. We seem to have become accustomed to a world where such tension is the norm. This is very good news for the world economy, as it brings down the cost of energy – despite a number of ongoing major conflicts and the challenges related to Ebola in West Africa.

Ayako Odashima

14 March 2018

Course organiser Ayako is Assistant Manager in BIMCO’s Training Department, and is responsible for marketing and implementation of BIMCO’s training courses worldwide. Prior to joining BIMCO in 2015, Ayako has worked for various international organizations, including UNICEF, FAO, WFP and UNOPS, and has been responsible for large-scale emergency logistics and coordinated training programs on humanitarian logistics and supply chain management in Asia, Africa, Europe and in the Middle East. Ayako holds a MSc in International Relations from the London School of Economics and Political Science and BA from Boston University.

Tanker market report dated 5 October 2018

08 October 2018

 The highlight of this week’s trading has been an impressive spike in spot VLCC rates, with daily TCE earnings up to their highest level since April last year. The Middle East and West African markets have been supported by an extended period of healthy enquiry from Asian buyers, although weather delays in the Far East have also helped.  The weekly tanker market report by Gibson Shipbrokers features an overview of the crude oil and oil product tanker market.