BIMCO Search Results

Tanker market report 16 February 2024

19 February 2024

Green methanol is often touted as one of the leading alternative sustainable fuels for the maritime sector. It is relatively easy to produce, most ports around the world can handle it, and being liquid at ambient temperature, it is cheaper to store than other alternative fuels like LNG or Ammonia which require cryogenic tanks. The weekly tanker market report by Gibson Shipbrokers - features an overview of the crude oil and oil product tanker market.

Tanker market report 2 February 2024

05 February 2024

Despite a partial lifting of sanctions against Venezuela in October last year, the US is now set to reimpose sanctions on the country’s oil industry in April, due to insufficient progress towards holding free and fair presidential elections; a key condition of sustained sanctions relief. The weekly tanker market report by Gibson Shipbrokers - features an overview of the crude oil and oil product tanker market.

Tanker market report 12 January 2024

15 January 2024

The Libyan oil sector is no stranger to output disruptions but this week has seen the North African producer back in the spotlight, with Libya’s NOC declaring force majeure at the 300kbd Sharara oil field due to a resurgence in local protests over fuel prices and a reported lack of economic opportunities. The weekly tanker market report by Gibson Shipbrokers - features an overview of the crude oil and oil product tanker market.

Tankers still in demand despite bleak outlook

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.

Tanker Shipping

10 February 2010

Winter all year long seems to be what is needed to balance the tanker market in 2010

Tanker market report 3 November 2023

06 November 2023

In less than two months’ time, the shipping industry will for the first-time face emission taxes. For many in the market, the inclusion of shipping in the EU’s Emissions Trading Scheme (ETS) has been a ‘tomorrow problem’, but owners and charterers will soon be fixing voyages which are set to arrive in Europe after the 1st of January, and thus incur an offsetting requirement for the portion of the voyage which falls into the new year. The weekly tanker market report by Gibson Shipbrokers - features an overview of the crude oil and oil product tanker market.

Tanker Shipping: More optimism in sight for tankers in the winter season

09 October 2015

2015 has been the year of the tanker. The fundamental improvements with slow supply-side growth for some years coupled with low oil prices from mid-2014 created strength on both sides.

Tanker market report 20 October 2023

23 October 2023

Earlier this week, the United States announced that it has temporarily lifted sanctions on Venezuela’s oil and gas sector through the issuance of a six-month general license allowing the production, sale and export of Venezuela’s crude oil and gas, without limitations on buyers or markets. The weekly tanker market report by Gibson Shipbrokers - features an overview of the crude oil and oil product tanker market.

Tanker market report 13 October 2023

16 October 2023

Over the weekend, the world woke up to the extremely disturbing news coming out of Israel, with the conflict escalating rapidly as days went by. Oil prices initially gained on the news but retreated later in the week on the realisation that neither Israel, nor its direct neighbours (except Egypt) have any meaningful crude production. The weekly tanker market report by Gibson Shipbrokers - features an overview of the crude oil and oil product tanker market.

New membership benefit: The latest in-depth information on the second-hand, newbuilding and recycling markets

18 October 2012

New high-quality reports have been added to the website as a service to our members.