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Tanker market eyes gasoline to lift stagnating rates

Any rates recovery linked to summer driving season in the US, the world’s largest gasoline consumer

Earnings that have remained below operating costs on most routes may remain at these levels for next six months says shipbroker Alibra Shipping

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Tanker demolition fails to hit targets

Higher scrapping was expected to help cut the oversupply of tankers weighing on rates

Tanker rates rebound as Middle East Gulf export slump ends

Middle East Gulf clean and dirty exports shrunk 9% year-on-year, Lloyd’s List Intelligence data show, the lowest since 2010

MR tankers gain 292% in March on diesel ‘export frenzy’

Biggest boost seen for Atlantic tankers, with rates surging to nearly $11,000 per day, from $2,800 at beginning of March





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