Limbo or liberation? Brokers try to divine how VLCC market will react to peace deal
Tanker experts examine a freight situation with many moving parts
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Tanker experts examine a freight situation with many moving parts
Shipping organisations have been drawing up plans to coordinate an expected surge in shipping traffic
US-listed owner’s update shows earnings down from stellar guidance in May
US Gulf to China assessment drives jump as tankers trickle out of Middle East Gulf
Owner is cashing in on rapid appreciation in aframax tanker values seen this year
Transaction follows shortly after Greek owner’s capesize order at Hengli Heavy Industry
VLCCs keep piling up near the Strait of Hormuz, but Fearnleys questions fixing frenzy line
Brokers don’t expect big rush of inbound tankers immediately, however
Russian-flagged aframax is hauling crude to China
ABG Sundal Collier sees lower tanker rates in next quarters