Tanker
The Big Picture
Freight Outlook
This time last year we thought VLCC earnings could average between $35k/day and $40k/day for the next five years.
At the start of this year, we lifted the front of the curve to $43k/day (2024) but dropped the back as China's housing crisis dimmed our view of medium-term demand growth.
Dry cargo
Massive contrasts in steel production trends in the 1H 2024
July 25
Container
1H Demand outpaced Fleet Growth
6% box trade growth in 1H 2024
July 23
Dry cargo
IMF: global economy in “sticky spot”
July 18
Container
Demand surge uncertainty
Freight market elevated
July 11
Dry cargo
Heatwave pushes Vietnamese coal imports above last year’s fast pace
July 11
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Tanker
Dangote refinery seeks crude supplies from Libya
July 24
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Tanker
Reliance secures US approval to resume Venezuela crude imports
July 24
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Tanker
VLCC rates begin rebound from recent lows
July 24
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Tanker
Tanker insurance payout at risk following UK sanctions on Russian insurer
July 24
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Dry cargo
Q2: all-time high for China's dry bulk imports
July 23
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Tanker
Construction underway on $2.5 billion pipeline in Argentina
July 17
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Tanker
Sinochem suspends purchase of TMX crude as Chinese demand falters
July 17
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Tanker
Nigeria faces crude shortfall as refining capacity expands
July 17
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Tanker
Saudi Arabia ramps up HSFO purchase amid sweltering summer heat
July 17
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Tanker
Senegal increases oil exports to Europe amid OPEC production cuts
July 17
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