20 September 2016
TANKERVOY 87 is a tanker voyage charter party. INTERCONSEC 76 contains additional clauses for use in relation to tanker consecutive voyages.
The latest edition of this document is TANKERVOY 87.
20 September 2016
BPTIME3 is a tanker charter party that was developed by BP in association with BIMCO. Copyright in this document is held by BP.
The latest edition of this contract is BPTIME, issued in 2001.
11 December 2013
The freight market for VLCCs was surprisingly strong in November, building on top of a rally starting back in September from very sluggish levels. There is a significant influence from seasonality behind this as Asia, and the northern hemisphere in general, prepare for Winter.
12 December 2012
Persistent weakness in Europe and the impact of Hurricane Sandy led to the International Energy Agency (IEA) cutting its global oil demand forecast for Q4-2012 down to 90.1 million barrels per day.
06 May 2016
Our recommendation remains to balance your exposure to market by seeking a fixture in the time charter market.
25 January 2016
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.
12 August 2010
Demand: EIA has revised their oil demand forecast upwards for 2011. Global oil demand in 2011 is now expected to rise by 1.3 million barrels per day (MB/day) to 87.8 MB/day assuming consensus trends in the global economy, crude prices development and possible efficiency gains. Growth will be driven entirely by non-OECD countries (+3.8% or +1.6 MB/day), while the OECD sees resumed decline (-0.5% or -0.2 MB/day). The outlook for 2010 remains unchanged at 86.5 MB/day (+2.1% or +1.8 MB/day versus 2009).
13 June 2010
VLCC freight rates settled down to around USD 45,000 per day in the second half of May but continue at sustainable levels that have been the norm in that market
30 May 2018
The impact of the sanctions against Iran and global stockpile levels are two factors to watch out for.
03 May 2018
A “Power panel” debate on the dry bulk and oil tanker shipping markets, including the 2020 global sulphur cap experiment. Sign up here