For some players in the VLCC market this week, there might have been lengthy periods of thumb twiddling and radio silence

LRs have seen extreme volatility this year, with spot earnings looking very much like a roller coaster ride.

Agora Shipbroking Corporation: Snapshot of Commercial Indicators Report – Week 24 2024

Golden Destiny Market Report Week 25. You will find the following: -Weekly S&P Market Report (Week 25 – Report No 25.24)

Slowly but surely the July stems come trickling into the VL market. As we cast a cursory glance back at June, it shows a light month with below 140 cargoes.

As we edge closer to the end of the first half of 2024, we have seen a downward trend in regard to the vessels that have been added

2023 has been another positive period for crude oil trade, despite the high oil prices and risks of economic recession.

Carriers Sales & Purchase Market Report, Week 25

Based on the June’s IEA market report, the oil market is precariously balanced on a tightrope. On one side, the global oil supply is surging

SSY PACIFIC CAPESIZE INDEX 17 JUNE 2024

SSY ATLANTIC CAPESIZE INDEX 17 JUNE 2024

The port of Singapore, already one of the world’s busiest, is facing a prolonged period of congestion due to the Red Sea tensions

Golden Destiny Market Report Week 24. You will find the following: -Weekly S&P Market Report (Week 24 – Report No 24.24)

Oil demand will peak this decade, that is the call by the International Energy Agency (IEA) who released their Oil 2024 report this week.

VLCCs continue to hover around the bottom with limited activity preventing any signs of a rebound for now. Charterers have worked well to sustain the downward pressure on rates by picking off owners