16 March 2015
Demand for crude oil and oil product tankers is currently strong and both segments are enjoying an extended winter season with high earnings.
16 February 2011
Right now, all eyes seem to be on the Suez Canal as Egypt faces political unrest. Events have pushed the oil price above USD 100 per barrel for Brent crude
14 April 2010
Floating storage is coming down on the narrowing of market contango, but persists in playing an important part in tanker demand
04 May 2010
Following a very welcome period of rate hikes due to the tough Winter in the northern hemisphere, the Spring is here now and the product tanker markets
15 March 2011
One year ago the tanker orderbook stood at 132 million DWT – today it totals 118 million DWT. The total orderbook is down by 11% over the last year. Even though new contracts are being signed at a steady pace, that pace remains slower than that of newbuildings being delivered.
01 October 2015
Peter talks to Gibraltar Shipping providing more insight on his role and views on current shipping trends.
12 June 2019
The tanker market is – even more so than before – all about geopolitics.
17 April 2019
Chinese imports of iron ore keep falling, while its crude steel production keeps growing.
15 April 2010
The challenge of redeploying laid-up vessels in a market flooded by newbuildings creates a market balanced on a knife edge
11 December 2013
It is safe to conclude already that it has been another truly amazing year for Chinese iron ore imports. A growth rate of 10.8% for the first 11 months as compared to the same period last year is solid. Evident also from the freight rate development in the Capesize market, the last 5 months have been exceptional, with 17.8% y-o-y growth for July-November.