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Tankers & Gas
Clarksons issues profit warning
Shipbroking giant suffers from weak sale and purchase activity, dollar depreciation and low tanker rates
Spring Outlook
Five things to watch: LPG shipping
LPG shipping markets may gradually recover this year on US exports and slowing fleet growth
Five things to watch: LNG shipping
US exports and Chinese imports are driving up tonne-mile demand, boosting earnings outlook despite high fleet growth
Insight
Renewal and bargain hunting drive newbuilding interest
Asian and Greek owners come out to book VLCCs, with Korean yards more favoured
Eco drive, trade wars and Chinese ethanol imports from US
Latest tariffs can reduce tonne-mile demand for chemical carriers
Crude Tankers
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Latest From VLCC & Suez and Aframax
Mehrotra unveils six-VLCC masterplan
Industry veteran bets on narrow spread between secondhand price of old tonnage and scrapped value in a short-term asset play
Nigeria’s 30-ship tanker fleet project faces challenges
Nigeria can benefit from a national tanker fleet but political will is required to make the project a reality
Young is beautiful for crude tankers
Modern tonnage takes larger proportions of incremental tonne-miles, especially in VLCC markets
Product Tankers
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Latest From Products
Nigeria’s 30-ship tanker fleet project faces challenges
Nigeria can benefit from a national tanker fleet but political will is required to make the project a reality
Torm adds three newbuild MR tankers to fleet
The new ships are to be ready for IMO 2020 sulphur regulations
Five things to watch: Product tankers
Market sentiment in the product tanker spectrum has been firming even as a sustainable earnings recovery still seems months away
LPG
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Latest From LPG
Tariff worries drag VLGC rates to eight-month low
US-China trade war fears trigger counter-seasonal weakness in VLGC markets even before tariffs are imposed
VLGC collides with aframax tanker off Singapore, leaking butane
The MPA says there is no risk to shipping and no reported injuries to crews but both ships have sustained damage
Owners hope sunshine can win the day
Supply-demand balances are improving in box, dry bulk, oil and gas shipping sectors as shipping confidence index rises further
LNG
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Latest From LNG
Flex LNG charters 2018-built tanker to Enel for one year
The Oslo-listed owner is understood to have fixed at a high price of $80,000 per day, says Fearnley Securities
Owners hope sunshine can win the day
Supply-demand balances are improving in box, dry bulk, oil and gas shipping sectors as shipping confidence index rises further
Shell unveils LNG strategy for post-2020 bunker world
Energy major plans to enlarge LNG-fuelled fleet and build more LNG bunkering infrastructure, says shipping head Grahaeme Henderson
Equity Watch
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Latest From DHT, Euronav, Frontline, Gener8, Nordic American Tankers, Scorpio Tankers, Dorian Lpg, Gaslog & Golar Lng
Wall St Note | Scorpio Tankers, we have a problem
Scorpio must refinance its $350m debt before it lifts the dark cloud over its stock price
Gener8 withdraws aframaxes and VLCCs from Navig8 pools
Withdrawal of six aframaxes and 20 VLCCs will pave the way for the Gener8-Euronav merger
Sovcomflot posts 2017 losses on weak spot earnings: tanker results round-up
Outlook
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Latest From Market Outlooks & Tankers and Gas
Owners hope sunshine can win the day
Supply-demand balances are improving in box, dry bulk, oil and gas shipping sectors as shipping confidence index rises further
Five things to watch: LPG shipping
LPG shipping markets may gradually recover this year on US exports and slowing fleet growth
Five things to watch: Crude tankers
Most market players hold a dim view over earnings prospects this year even as rising scrapping volume could pave way to recovery
Look into the crystal ball – and decide what to do next
With a broad market recovery and a brighter outlook, owners have a chance to avoid past mistakes in 2018
Product tankers: Bulls are arriving… hopefully
Long-awaited recovery may be realised finally as stock drawdown continues and fleet growth slows
Crude tankers: Hope of bottoming out
Minor recovery expected despite risks from oversupply and extended Opec cut
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