Monday, March 7, 2022

Ukraine Uncertainties Cause Divergent Views for Shipping Markets

With the continued fighting in the Ukraine, and the uncertainties surrounding sanctions, port closings, embargoes, and other disrupters, the shipping markets

March 7, 2022
Total Views: 3535

Friday, March 4, 2022
tanker aerial

China Welcomes Russian Oil Tankers With Alternative Payment Options

By Chen Aizhu (Reuters) – Chinese refiners are paying for Russian crude oil using cash transfers to maintain imports from Russia’s Fast East, as

March 4, 2022
Total Views: 15434

Thursday, March 3, 2022
oil tanker

Russia’s Toxic Oil Sends Tanker Rates Into a Frenzy

By Sharon Cho (Bloomberg) — For clues on how toxic Russian oil has become, look no further than the trade for tankers that export it. It now costs

March 3, 2022
Total Views: 2129

Wednesday, March 2, 2022
tanker deck

Russian Oil Disruptions Escalate Causing Global Prices to Rise

By Dmitry Zhdannikov and Julia Payne LONDON, March 2 (Reuters) – Disruptions to Russian oil exports intensified on Wednesday with more

March 2, 2022
Total Views: 1044

Monday, February 28, 2022

Russian Oil Buyers Struggle To Charter Ships

MOSCOW/LONDON, Feb 28 (Reuters) – Buyers of Russian oil have faced difficulties over payments and availability of vessels after imposition of

February 28, 2022
Total Views: 3347

Friday, February 25, 2022

Ships Shelled in Black Sea as Invasion Sparks Shipping Chaos

By Alex Longley, Archie Hunter and Ann Koh (Bloomberg) — Russia’s invasion of Ukraine has brought turmoil to commodities markets as the conflict

February 25, 2022
Total Views: 20376

oil tanker photo

Tanker Rates Soar Alongside War Risk Premiums

By Koustav Samanta (Reuters) Oil tanker rates are soaring globally as traders scramble to cope with jitters over possible disruption in Russian supplies,

February 25, 2022
Total Views: 1253

Wednesday, February 23, 2022
tanker at sea

Tanker Stocks Warming Up Before The Artillery’s Boom

The stock market’s indices are all down- but the tanker stocks are up. What’s with that? Conventional wisdom has it that “disruption”, however you

February 23, 2022
Total Views: 1429

Tuesday, February 22, 2022
vlcc tanker

Vitol CEO Sees Oil Above $100 for a ‘Prolonged Period’ This Year

By Archie Hunter and Anna Edwards (Bloomberg) — Oil prices could be set for a “prolonged period” above $100 a barrel over the next six to nine

February 22, 2022
Total Views: 1312


Provocative Views on the Tanker Market, Disconnects, Carrots, Sticks, Penalties and Incentives

“Could I be a little bit provocative here?” asked Hugo De Stoop, the CEO of listed tanker giant Euronav- the NYSE listed owner Euronav, one of a handful of

February 22, 2022
Total Views: 1333

Monday, February 21, 2022
Product Tanker Loading Gasoline In Venezuela Port

Greek Tanker Manager Says Its Probing Possible Iran Oil Transfer

LONDON, Feb 21 (Reuters) – Greece-based Empire Navigation is investigating whether Iranian oil was transferred onto one of the vessels it

February 21, 2022
Total Views: 1419

Thursday, February 17, 2022
Gasoline tanker

US Tanker Ports Seek Alternatives to Russian Oil

By Lucia Kassai (Bloomberg) Some U.S. producers of gasoline that have relied on imports of Russian oil are looking for alternative supplies amid heightened

February 17, 2022
Total Views: 1755

Monday, February 14, 2022

Product Tanker Prospects: Divergent Views and Unanswered Questions

When listed companies host investor conference calls, the best information usually comes out from the seemingly perfunctory “Q and A” sessions- when equity

February 14, 2022
Total Views: 1648

Friday, February 11, 2022

Oil Surges as Ukraine Tensions Stoke Supply Concerns

By Julia Fanzeres (Bloomberg) — Brent oil soared to $95 a barrel for the first time since 2014 as political tensions between Ukraine and Russia

February 11, 2022
Total Views: 1537

Wednesday, February 9, 2022
tanker in new york harbor

HACC NACC Conference: Shipowner Hangovers, Covid Frictions, and Regulatory Punishments

A superb panel of shipowners closed out the HACC/NACC (Hellenic and Norwegian Chambers of Commerce) Shipping Conference, suitably named “Out of the Abyss-

February 9, 2022
Total Views: 472

Friday, February 4, 2022

Oil Shipments in European Oil Hub Delayed After Cyber Attacks

By Julia Payne LONDON, Feb 4 (Reuters) – Tanker and barge shipments in and out of Europe’s biggest oil hub have been delayed by up to a week as

February 4, 2022
Total Views: 1285

Thursday, February 3, 2022

Euronav’s Net Loss Deepens as Omicron Hits Crude Tanker Recovery

Feb 3 (Reuters) – Euronav deepened its quarterly net loss as the spread of the highly contagious Omicron variant of the coronavirus dragged on the

February 3, 2022
Total Views: 817

Tuesday, February 1, 2022
tanker at sea

Iranian Supertanker Expected to Discharge in Venezuela -Document

By Marianna Parraga (Reuters) – An Iranian supertanker carrying about 2 million barrels of condensate this week began discharging at Venezuelan state-run

February 1, 2022
Total Views: 3544


Peru Bans Repsol from Unloading Oil Until Further Notice After Spill

LIMA, Jan 31 (Reuters) – Peru Environmnent Minister Ruben Ramirez said on Monday that the governmment will temporarily suspend

February 1, 2022
Total Views: 1089

Thursday, January 27, 2022

A Salve for The Sluggish Tanker Market’s Stings

The 2021 Q4 earnings reports will soon be coming in. While shipping investors have done well with container and drybulk names, the tanker market has struggled-

January 27, 2022
Total Views: 867