More “zombie” vessel pairs are emerging, especially when plying the Eastern Outer Port Limit (EOPL) to China routes, making it hard to accurately track Iranian crude imports into China, oil
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JP Morgan linked to MR disposals as buoyant tankers see ‘more sales than bulkers’
Monthly secondhand tanker deals have outstripped bulkers for the first time in more than two years as more MR transactions were reported by brokers.
JP Morgan’s Bermuda affiliate, Global Meridian
China’s Zhoushan Changhong nets up to eight LR2 tanker newbuildings worth around $530m
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Chemical tanker rates from US Gulf Coast slide to low for the year
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Can VLCC owners put up a fight as charterers drive down rates still further?
VLCC spot rates have dropped further as a second-quarter rally fades, brokers and analysts say.
Earnings for eco tankers now stand at an average of $34,300 per day, down 7%
How many dark fleet tankers could rejoin the mainstream? Trafigura has run the numbers
What chance do dark-fleet tankers have of emerging from the shadows, should sanctions on trade with Russia be lifted?
Andrea Olivi, global head of wet freight at Trafigura, said
Vitol tankers and gas carriers hit IMO targets six years early after retrofits
Trader and shipowner Vitol has met the International Maritime Organization’s 40% carbon intensity reduction target six years early.
The giant group’s latest environmental, social and governance (ESG) report reveals the