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In recent months we have seen some gloomy developments in the electric vehicles (EV) market. The weekly tanker market report by Gibson Shipbrokers - features an overview of the crude oil and oil product tanker market.
Refining margins across the world surged to record levels in 2022, following Russia’s invasion of Ukraine. The weekly tanker market report by Gibson Shipbrokers - features an overview of the crude oil and oil product tanker market.
With OPEC+ set to roll over existing production cuts into Q2, the case of Russia is increasingly more complex. The weekly tanker market report by Gibson Shipbrokers - features an overview of the crude oil and oil product tanker market.
In the crude tanker market, we have witnessed a return of spectacular volatility, with spot earnings on several key Suezmax and Aframax trades in the Atlantic Basin briefly spiking close or in some cases even above $100,000/day on a non-scrubber, non eco basis recently. The weekly tanker market report by Gibson Shipbrokers - features an overview of the crude oil and oil product tanker market.
Asian naphtha has been going through a challenging period recently. The weekly tanker market report by Gibson Shipbrokers - features an overview of the crude oil and oil product tanker market.
The past couple of years have marked an increase in orders of methanol-fueled vessels, particularly in the container segment. The weekly tanker market report by Gibson Shipbrokers - features an overview of the crude oil and oil product tanker market.
With just two trading weeks left until the EU’s refined products embargo and G7 price cap come into effect, the clean tanker market is softer than many expected. It was largely expected that from mid-December onwards, product tanker freight rates from East of Suez and the US Gulf into Europe would find support from increased fixture activity as traders sought to place barrels into Europe for February delivery. The weekly tanker market report by Gibson Shipbrokers - features an overview of the crude oil and oil product tanker market.
With the global economic picture continuing to be dominated by bearish sentiment, and oil prices falling to lows not seen since the start of the year, the picture couldn’t be more different in the tanker market. The weekly tanker market report by Gibson Shipbrokers - features an overview of the crude oil and oil product tanker market.
There is no doubt that the green revolution is underway and arguably Europe is its epicenter. The weekly tanker market report by Gibson Shipbrokers features an overview of the crude oil and oil product tanker market.
