Product
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News
Diesel Trades to Dominate the Product Tanker Market
The product tanker is expected to be impacted by the lack of diesel supplies, after Russia’s decision to ban exports.…
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News
Product Tankers: Clean Product Exports from the Middle East and China on the Rise
The product tanker market hasn’t seen the benefits of increased Middle East clean product exports, rate-wise. In its latest weekly…
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Year-to-date product tanker newbuild contracting hits 10-year high
Newbuild contracting activity during the past five years has been low at about 5.46 million DWT per year. In addition,…
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Product Tankers: What’s the Next Growth Story?
A new growth story is needed in the product tanker market, as ship owners reassess the next source of demand…
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Contracting Of Product Tankers Jump 337% In The First Half Of 2023
The product tanker orderbook to fleet ratio has surged from 5.4% in December 2022 to 9.3% in June 2023, driven…
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