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CATEGORY

Tanker

BIMCO Tanker Market Analysis: Longer routes and higher rates as EU bans Russian oil and products

So far this year, The Baltic Exchange Dirty Tanker Index (BDTI) has on average been 86% higher than during 2021 and The Baltic Exchange...

Tankers: Further Support Could Be Found Down the Line

According to Ms. Chara Georgousi, Researcn Analyst with Intermodal, “crude and product flows to the US, UK, EU, Japan and Korea have slumped by...

Shipowners Rush for Ice-Class Tankers to Move Russian Oil This Winter

Oil tanker owners are snapping up vessels that can haul cargoes in icy seas, a development that could help Moscow overcome the threat of...

‘Further and solid improvements’ ahead for tanker markets

Supply and demand fundamentals for tanker markets look good through 2023 but could be shaken by global recession, according to Bimco. In its Q3 Overview...

Product Tanker Markets Are Humming: This Time It Could Be Different

“All of these markets are humming” was the report from Lars Dencker Nielsen, the Commercial Director of Scorpio Tankers (NYSE: STNG) on an investment...

Hansa Tankers Partners with StormGeo for Improved Environmental Performance

Bergen, Norway, 06 September 2022– The Norwegian pool operator Hansa Tankers announced its partnership withStormGeo, a leading provider of weather intelligence and decision-support solutions...

Tanker Values on the Rise

“However, it is a very different story in terms of second hand tankers, prices have increased much faster, with 5 year old VLCCs and...

Tanker inspections go digital: what SIRE 2.0 means for ship operators

OCIMF programme director Aaron Cooper explains the rationale behind the new approach to tanker inspections   While industry has been able to maintain a very impressive...

Tankers could profit if US restricts gasoline and diesel exports

America’s refiners are producing near-record volumes of gasoline and diesel and selling historically high amounts to overseas buyers. Why not force exports lower via...

Hafnia outruns product tanker rivals: “Getting lucky isn’t enough”

Acquisition-eager carrier Hafnia finished the first half of 2022 with the best result in a comparison between five product tanker companies. ”Just sitting in...
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