Building the Engine Room of the Future

Bachmann’s involvement in MARIN’s Zero Emissions Lab

Bachmann’s involvement in MARIN’s Zero Emissions Lab

VLCC Scrapping in Q1 Breaks Last Year’s Total

2018 is off to a great start when it comes to removing of outdated tanker tonnage from the oversupplied fleet.

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Tankers Alarmed by Demand Shift in Fuel Oil Trade

A significant demand shift across the barrel is expected ahead of IMO's 0.5% sulphur cap in 2020.

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Gibson: Ice Class Fleet Sees Lack of Investment

Gibson Shipbrokers: The ice class fleet witnessed a significant lack of ordering activity in the recent years.

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Big Fleets to Hold in Check Tanker Consolidation

Big fleets and the diverse ownership of the remainder of the VLCC fleet to cap consolidation in the sector.

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Gibson: January Delivers Poor Tanker Returns

Extreme weakness in crude tanker market's spot TCE returns in January left many surprised, Gibson said.

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2018 Another Year of Pain for Tanker Owners?

An ominous cloud seems to be hovering over the tanker market as the sector sails into another challenging year.

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Tanker Market to Ride Out Another Year of OPEC Cuts

Aimed at rebalancing the oil market, the Organization of Petroleum Exporting Countries (OPEC), joined by non-member ...

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No Delay to 2020 Sulfur Cap’s Entrance into Force

The 2020 sulfur emissions legislation will enter into force without delay, Edmond Hughes, IMO’s head of air ...

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VLCC Floating Storage Tumbles

Very large crude carrier (VLCC) floating storage has witnessed a substantial drop impacted by an agreement on ...

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Gibson: China Takes the Lead in Crude Oil Imports

China has risen as the world’s largest importer of crude oil, moving ahead of the United States, according to data ...

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Gibson: OPEC Puts Pressure on Crude Tanker Market

The OPEC-led production cuts are having negative implications for crude tankers, particularly very large crude ...

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Gibson: MR Segment Sees Positive Developments

Although the overall performance in the product tanker market remains disappointing, some positive dynamics have ...

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New OPEC Cuts to Extend VLCC Woes

The very large crude carrier (VLCC) market could experience a downturn, which is likely to accelerate in the short ...

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Gibson: To LNG or Not to LNG?

 The current orderbook for dual-fuel vessels shows some considerable growth in shipowners’ investment in ...

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Gibson: Surge in VLCC Orders amid Attractive Prices

Attractive newbuilding prices have pushed the order count for very large crude carriers (VLCC) to around 30 so far ...

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VLCC Floating Storage Set to Dwindle

The number of very large crude carriers (VLCC) engaged in non-trading activities, primarily Iranian/non-Iranian ...

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Tanker Fleet Grows by 203 Units in a Year

After a period of very limited tanker fleet growth across all but the MR sector, the tanker fleet has surged over ...

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Tanker Owners Told to Invest Wisely ahead of New Price Cuts

Prompted by difficulties in accessing new finance, shipyards are likely to reduce further the newbuilding prices in ...

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Lifting US Oil Export Ban a Mixed Blessing for Tanker Market

The crude tanker market stands to benefit if restrictions on U.S. crude exports are lifted, as it will support more ...

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Tanker Market Outlook Stays Bullish

The turbulent month of August which saw instability in global financial markets, especially in China, has not ...

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Tanker Orderbook Set to Beat 2013 Record?

Investment in construction of tankers driven by stronger appetite in ordering of new tonnage so far this year has ...

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