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New publication offers updated maritime security guidance for mariners operating off West Africa and the Gulf of Guinea

31 March 2020

Industry organisations, supported by government and military organisations, have worked together to produce a new publication that will help mariners detect, deter and delay external threats to their safety. Best Management Practices to Enhance Maritime Security for Vessels & Mariners Operating Off the Coast of West Africa including the Gulf of Guinea (BMP WA) consolidates and enhances existing guidance for specific threats in this region.

Tanker market report dated 5 October 2018

08 October 2018

 The highlight of this week’s trading has been an impressive spike in spot VLCC rates, with daily TCE earnings up to their highest level since April last year. The Middle East and West African markets have been supported by an extended period of healthy enquiry from Asian buyers, although weather delays in the Far East have also helped.  The weekly tanker market report by Gibson Shipbrokers features an overview of the crude oil and oil product tanker market.

Tanker market report dated 29 March 2019

01 April 2019

Over the past few weeks, MRs trading out of Europe have continued to outperform expectations. In recent years, such volatility has typically been driven by erratic buying from West Africa, or stronger demand in Latin America. Volumes destined for the United States have rarely been a driver of volatility, generally ticking over at a steady and predictable pace. However, a combination of both anticipated and unanticipated events has temporarily shifted the dynamic in the Atlantic product tanker market. The weekly tanker market report by Gibson Shipbrokers features an overview of the crude oil and oil product tanker market.