Refining margins across the world surged to record levels in 2022, following Russia’s invasion of Ukraine. The weekly tanker market report by Gibson Shipbrokers - features an overview of the crude oil and oil product tanker market.
Asian naphtha has been going through a challenging period recently. The weekly tanker market report by Gibson Shipbrokers - features an overview of the crude oil and oil product tanker market.
In a recent tanker market report, we highlighted some of the current issues surrounding transit crude and crude pipelines; on that note, attention once again has turned to Canada’s Trans Mountain Extension project (TMX). The weekly tanker market report by Gibson Shipbrokers - features an overview of the crude oil and oil product tanker market.
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.
The past couple of years have marked an increase in orders of methanol-fueled vessels, particularly in the container segment. The weekly tanker market report by Gibson Shipbrokers - features an overview of the crude oil and oil product tanker market.
With just two trading weeks left until the EU’s refined products embargo and G7 price cap come into effect, the clean tanker market is softer than many expected. It was largely expected that from mid-December onwards, product tanker freight rates from East of Suez and the US Gulf into Europe would find support from increased fixture activity as traders sought to place barrels into Europe for February delivery. The weekly tanker market report by Gibson Shipbrokers - features an overview of the crude oil and oil product tanker market.
The strength of the tanker market this year has prevailed against a gloomy economic outlook, with high inflation and hawkish monetary policy dominating sentiment in financial markets. The weekly tanker market report by Gibson Shipbrokers - features an overview of the crude oil and oil product tanker market.
As hurricanes and storms become increasingly more severe due to climate change and warming sea temperatures, so too has the impact on tanker shipping. The weekly tanker market report by Gibson Shipbrokers - features an overview of the crude oil and oil product tanker market.
If you own a Porsche or you like Formula 1, then the developments within the synthetic fuels sector will be of interest to you. Tanker owners should also take note. The weekly tanker market report by Gibson Shipbrokers features an overview of the crude oil and oil product tanker market.
Despite almost every driver being supportive, scrapping activity has continued to underperform during 2021. The weekly tanker market report by Gibson Shipbrokers features an overview of the crude oil and oil product tanker market.
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