Tanker
The Big Picture
MR freight outlook
At the height of COVID in late 2020, building a new MR at a Korean yard would cost around $32m. Today it is $46m. A modern second-hand unit could be bought for around $26m.
Today it is $42m. Chartering a modern MR for one year would have cost $14.5k/day. Today, $29k/day. Even the three-year rate has risen from $16k/day to $24.5k/day over the period.
Tanker
MR freight outlook
A peak beyond Russia’s war
May 29
Dry cargo
West African bauxite
Changing dynamics for Capes
May 25
Container
CII impact for intra-Asia
Schedule integrity challenge
May 24
Dry cargo
European Steel
Gauging the Mood in the European Steel Sector
May 18
Dry cargo
China's Import Demand In 2023
Steel, Coal and Grain Sectors in Focus
May 11
Tanker
Unplanned shutdowns and maintenance woes of Japanese refineries result in 1m b/d going offline
June 08
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Tanker
Saudi Arabia pledges a new voluntary cut of 1m b/d for July
June 08
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Tanker
Venezuela’s crude export dropped in May
June 08
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Tanker
Top shipper of Russian oil secures Indian cover as Western certifiers exit
June 08
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Tanker
Suezmaxes increase their share of tonne miles for Guyanese crude trade
June 08
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Tanker
Full recovery of Chinese aviation limited by capacity and policy constraints, says International Air Transport Association (Iata)
June 08
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Tanker
Nearly a quarter of Venezuelan crude exports head to the US
June 01
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Tanker
Russia not expecting its oil output to change ahead of OPEC+ meeting
June 01
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Tanker
Saudi Arabia imports Russian diesel/gasoil and exports their own to Europe
June 01
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Tanker
Refinery and pipeline updates
June 01
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