Weekly Tanker Market Report 25 June 2021 Source: Gibson Shipbrokers As global oil demand charts a path to recovery it is becoming increasingly clear that the world is recovering at an uneven pace. China was the first to go into lockdown and the first to emerge, seeing...
Weekly Tanker Market Report 18 June 2021 Source: Gibson Shipbrokers Last month the International Energy Agency (IEA) released its Net Zero 2050 report, outlining the actions that are needed to achieve net zero emissions globally by 2050. To reach this, the IEA calls...
Weekly Tanker Market Report 11 June 2021 Source: Gibson Shipbrokers With the summer holiday season nearly upon us, attention turns to the state of the jet fuel market as it contends with the opposing forces of rising demand and on-going Covid-19 travel restrictions....
Weekly Tanker Market Report 04 June 2021 Source: Gibson Shipbrokers If you own a Porsche or you like Formula 1, then the developments within the synthetic fuels sector will be of interest to you. Tanker owners should also take note. Porsche director, Frank Walliser,...
Weekly Tanker Market Report 28 May 2021 Source: Gibson Shipbrokers Despite almost every driver being supportive, scrapping activity has continued to underperform during 2021. Gibson remains convinced that a key driver behind this is the presence of buyers willing to...
Weekly Tanker Market Report 21 May 2021 Source: Gibson Shipbrokers In September last year the European Parliament voted for the inclusion of greenhouse gas (GHG) emissions from ships over 5,000 gross tonnes in the emissions trading system (EU ETS) by 1 January 2022....
Weekly Tanker Market Report 14 May 2021 Source: Gibson Shipbrokers Friday 7th saw the unexpected closure of the 8,851km Colonial Pipeline linking US Gulf Coast (USG) PADD3 refineries with PADD 1 facilities along the Atlantic coast following a cyber-attack. With an...
Weekly Tanker Market Report 07 May 2021 Source: Gibson Shipbrokers There is no doubt that the green revolution is underway and arguably Europe is its epicentre. The European energy sector has faced headwinds for more than a decade as refiners overseas often held an...
Weekly Tanker Market Report 30 April 2021 Source: Gibson Shipbrokers In its April 2021 World Economic Outlook, the International Monetary Fund (IMF) lifted global economic growth projections for 2021 and 2022 by 0.8% and 0.2% to 6% and 4.4% respectively due to the...
Weekly Tanker Market Report 23 April 2021 Source: Gibson Shipbrokers Last week we wrote about the future of North Sea oil production and how it is a story of two halves. With production in the UK sector on a downward trajectory, whilst in the Norwegian sector the...