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Tanker Rates News

Tankers Sail to U.S. Gulf as Rates SurgeTankers Sail to U.S. Gulf as Rates SurgeA flotilla of oil tankers is sailing empty from Europe and the Mediterranean toward the U.S. Gulf Coast to take advantage of surging shipping rates, according to shipping sources and Refinitiv Eikon data on Monday.07 January 2020 Tuesday 13:09
Frontline Resumes Dividend As Tanker Market ImprovesFrontline Resumes Dividend As Tanker Market ImprovesCrude oil tanker firm Frontline declared its first dividend in more than two years on Wednesday and said it plans to increase the payout in the fourth quarter as shipping rates continue to rise.30 November 2019 Saturday 12:13
Sanctions good for tankers as VLCC rates skyrocketSanctions good for tankers as VLCC rates skyrocketSanctions are not something generally seen as good for shipping, as they usually impede free trade, but the latest US sanctions against Cosco for carrying Iranian oil have caused the VLCC market to skyrocket.07 October 2019 Monday 10:24
Asia-bound tanker rates sink amid weak outlook for crudeAsia-bound tanker rates sink amid weak outlook for crudeCharter rates for oil tankers bound for East Asia are falling, as crude prices remain sluggish even with last week’s decision by major producers to extend output cuts.05 December 2017 Tuesday 17:14
OFE: Asia Tanker Rates to Remain Weak in 3QOFE: Asia Tanker Rates to Remain Weak in 3QWeak supply side fundamentals as well as a seasonal lull in demand are expected to plague the Asian crude tanker market in the third quarter of 2017, the Ocean Freight Exchange (OFE) informed.06 July 2017 Thursday 15:35
McQuilling: Clean Tanker Rates Rise on US Gulf-Caribbean RouteMcQuilling: Clean Tanker Rates Rise on US Gulf-Caribbean RouteFreight rates for clean tankers in the US Gulf-Caribbean are on the rise, underpinned by a conglomerate of supportive fundamentals, according to McQuilling Partners.28 June 2017 Wednesday 14:28
Tanker Rates Seen Dragged Down by OPEC Production CutsTanker Rates Seen Dragged Down by OPEC Production CutsAs OPEC discusses the deepest cuts to oil production in years, one group of people in the energy supply chain are preparing reductions of their own: analysts paid to monitor how much crude tankers can earn from hauling cargoes.26 November 2016 Saturday 10:14
Med-Black Sea Tanker Rates Weaken After Failed Coup in TurkeyMed-Black Sea Tanker Rates Weaken After Failed Coup in TurkeyThe cost of shipping oil through the Black Sea and Mediterranean fell on Monday after a failed coup in Turkey over the weekend and shipping sources said there were no disruptions through Istanbul’s vital Bosphorus Strait.19 July 2016 Tuesday 18:03
Drewry: Tanker Rates Capped Out, Set to Weaken from 2016Drewry: Tanker Rates Capped Out, Set to Weaken from 2016Tanker shipping rates are set to decline from current highs in 2016 with the forecast decline in crude oil trade due to ample stocking, and expected fleet expansion, according to the latest edition of Drewry’s Tanker Forecaster.04 December 2015 Friday 11:34
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