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Marsden Point, New Zealand, Tops new BIMCO terminal vetting report

23 August 2019

Marsden Point, New Zealand came out as the highest rated bulk terminal in BIMCOs Terminal Vetting Scheme. With 161 ships from 132 companies involved in the scheme, the report now covers 419 terminals globally. Just under 95% of the reports were rated average or better, which gave an average rating of 3.6 (out of five), suggesting positive trends for the future.

Tanker market report dated 29 March 2019

01 April 2019

Over the past few weeks, MRs trading out of Europe have continued to outperform expectations. In recent years, such volatility has typically been driven by erratic buying from West Africa, or stronger demand in Latin America. Volumes destined for the United States have rarely been a driver of volatility, generally ticking over at a steady and predictable pace. However, a combination of both anticipated and unanticipated events has temporarily shifted the dynamic in the Atlantic product tanker market. The weekly tanker market report by Gibson Shipbrokers features an overview of the crude oil and oil product tanker market.