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Tanker market report dated 26 April 2019

29 April 2019

So, here we go again - Trump, waivers and oil prices. It feels like déjà vu, except this time there are no waivers. The US administration recently announced they will no longer grant waivers to countries importing Iranian crude in a bid to block their exports. However, if the US administration wants to lower crude prices it will rely on others to compensate after the benchmark Brent closed at its highest level in six months to $74.51/bbl on the back of this news.  The weekly tanker market report by Gibson Shipbrokers features an overview of the crude oil and oil product tanker market.

Tanker market report dated 10 November 2017

13 November 2017

To Order or Not to Order? Ordering activity has slowed down notably over the past few months, with just 37 units ordered since July. In the VLCC segment, 9 firm orders have been placed, versus 38 during the 1st half of the year. The weekly tanker market report by Gibson Shipbrokers.