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Tanker market report dated 1 March 2019

04 March 2019

The US product export market has been transformed over the past decade. Exports of clean petroleum products (CPP) averaged 2.5 million b/d last year, up from just 0.8 million b/d in 2008. Rising trade has been underpinned by rapid growth in US crude production and refiners’ access to cheaper crude feedstock. Refining margins in the US Gulf have generally been stronger in recent years, compared to those seen in other regional markets.  The weekly tanker market report by Gibson Shipbrokers features an overview of the crude oil and oil product tanker market.

Tanker market report dated 6 April 2018

09 April 2018

Clean Hope: Undoubtedly, 2017 proved to be a very difficult year for the product tanker market, with earnings sinking to multi year lows on the back of rapid fleet growth in the larger product tanker segment The weekly tanker market report by Gibson Shipbrokers features an overview of the crude oil and oil product tanker market.

Tanker market report dated 12 June 2020

15 June 2020

Libya’s National Oil Corporation (NOC) announced earlier this week that production at the Al-Feel oilfield has restarted, with an initial output of 12k b/d, increasing to full capacity of 70k b/d within two weeks.  Weekly tanker market report by Gibson Shipbrokers.

Tanker market report dated 25 May 2018

29 May 2018

Mexico's energy sector could be radically overhauled if the current frontrunner in the July elections wins office. Candidate Andres Obrador has indicated that major reforms will take place should his party take office. The weekly tanker market report by Gibson Shipbrokers features an overview of the crude oil and oil product tanker market.

Tanker market report dated 13 April 2018

16 April 2018

To achieve greater efficiencies to meet ambitious [IMO GHG] targets will require newer ship designs and even greater emissions targets from the engine manufacturers. The weekly tanker market report by Gibson Shipbrokers features an overview of the crude oil and oil product tanker market.

Tanker market report dated 19 June 2020

22 June 2020

As we near the halfway point of 2020, it seems like an impossible task to summarize everything that has transpired over the past 6 months. Even events which were considered major at the time now seem like a distant memory. Weekly tanker market report by Gibson Shipbrokers.

Tanker market report dated 10 August 2018

13 August 2018

2018 has been a horrible year for product tanker owners, with sale and leasebacks being necessary for many to provide a financial bridge to better times. Many are pinning their hopes on 2020; which, as we have written in the past is expected to be supportive for product tankers. However, many are also hoping that new refinery developments will offer a further boost to tonne mile demand, similar to what was seen from 2014-2016. The weekly tanker market report by Gibson Shipbrokers features an overview of the crude oil and oil product tanker market.