Oil keeping afloat in a heavy market
2021 was a subdued year for shipping companies transporting crude oil and refined products.
Five product tankers for CDB
China Development Bank’s leasing business platform has closed the deal with Trafigura
The Pandemic’s tough lessons
According to Cesare d'Amico, we have to depend less on the Silk Road and balance the growing influence of Asian countries
Slowdown in oil price rise in sight
In its monthly report, the International Energy Agency expects to see an increase in global supply
Oil moving slowly, for now
The rise in the price of oil continues to keep sea freight rates down. Ennio Palmesino’s analysis
Oil tankers going through a tough time
VLCC revenues have fallen to an all-time low. Cosco E. Transportation expects profits to fall
The bottom of the barrel
Oil demand shrinking in the first quarter of 2021. The Very Large Crude Carrier market is short of breath
Product tankers, in uncertain waters
The market for tankers transporting refined petroleum products has been highly volatile during 2020
There’s plenty of oil still at sea
233.4 million barrels of crude oil are on board 191 tankers. However, the storage race could soon be over