BIMCO Search Results

Results for:Tanker

Showing 111 - 120 of 200

Reset Filters

Filter by area
Filter by location
Filter by content

Tanker Shipping - Modest demand growth and continued oversupply sets the scene

13 December 2011

Overall, it’s noticeable that record numbers of fixtures and demand for tonnage only produce a short-lived spike at rather low altitudes – making little impact on stretched owners’ financial accounts. Ship owners without a solid cash balance and a strong, or at least sustainable, cash flow will find it increasing difficult to continue in this business at the present level and volatility.

Year-to-date product tanker newbuild contracting hits 10-year high

21 September 2023

During the first eight months of 2023, contracting of product tanker newbuilds hit a 10-year high, reaching 140 ships and 10.72 million deadweight tonnes (DWT). The last time more than 10 million DWT were contracted from January through August was in 2013.

Tanker market report 15 March 2024

18 March 2024

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.

Tanker market report 26 May 2023

30 May 2023

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.

Tanker market report 16 December 2022

19 December 2022

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.

Tanker market report 6 May 2022

10 May 2022

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.

Tanker market report 28 May 2021

31 May 2021

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.

Tanker market report dated 14 June 2019

17 June 2019

With US sanctions on Iranian crude exports now in full flow, Iran’s oil revenues are in quick decline, with sources quoting that they are already lower than under previous sanctions in 2012. As such, the policy to choke Iran of exporting crude seems to have had the desired effect. However, attempting to track any Iranian vessel movements has become very challenging, with most tankers having AIS transponders completely switched off. The weekly tanker market report by Gibson Shipbrokers.