Showing 121 - 130 of 200
VLCC asset prices appear to be caught in a paradoxical market scenario. The weekly tanker market report by Gibson Shipbrokers - features an overview of the crude oil and oil product tanker market.
With the one third of the year already over and the Red Sea still off limits to the majority of the tanker market, we examine how crude and product trade flows have changed to account for the necessary rerouting. The weekly tanker market report by Gibson Shipbrokers - features an overview of the crude oil and oil product tanker market.
In a recent tanker market report, we highlighted some of the current issues surrounding transit crude and crude pipelines; on that note, attention once again has turned to Canada’s Trans Mountain Extension project (TMX). The weekly tanker market report by Gibson Shipbrokers - features an overview of the crude oil and oil product tanker market.
The strength of the tanker market this year has prevailed against a gloomy economic outlook, with high inflation and hawkish monetary policy dominating sentiment in financial markets. The weekly tanker market report by Gibson Shipbrokers - features an overview of the crude oil and oil product tanker market.
Amidst widespread price increases, it is not surprising that tanker asset values have also been rising. Our data shows a strong appreciation in VLCC and Suezmax values, with a significant divergence between newbuild and second hand price increases. The weekly tanker market report by Gibson Shipbrokers - features an overview of the crude oil and oil product tanker market.
One of the most characteristic developments in 2015 was the declining price of crude oil during the second half of the year. Brent crude oil dropped from USD 57 a barrel (bbl.) on 1 July to hit USD 37 a bbl. on the last trading day in 2015.
In recent weeks, headline refining margins have surged to record levels, whilst clean tanker rates have also tested or exceeded previous records depending on the region/route. The weekly tanker market report by Gibson Shipbrokers - features an overview of the crude oil and oil product tanker market.
As hurricanes and storms become increasingly more severe due to climate change and warming sea temperatures, so too has the impact on tanker shipping. The weekly tanker market report by Gibson Shipbrokers - features an overview of the crude oil and oil product tanker market.
If you own a Porsche or you like Formula 1, then the developments within the synthetic fuels sector will be of interest to you. Tanker owners should also take note. The weekly tanker market report by Gibson Shipbrokers features an overview of the crude oil and oil product tanker market.
Despite almost every driver being supportive, scrapping activity has continued to underperform during 2021. The weekly tanker market report by Gibson Shipbrokers features an overview of the crude oil and oil product tanker market.
