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The Year of the Rabbit brings good tidings for VLCCs Mette Frederiksen, head of research and insight at Tankers International, writes for Splash today. China is a key driver of the VLCC market. The sheer scale of the country’s need for oil and an infrastructure system built to accommodate large crude oil tankers

Five reasons for tankers owners to be cheerful in 2023 New York broker Poten & Partners has identified five reasons why tanker owners should be cheerful this year. The firm’s projections come with a health warning, however. Nobody forecast Covid-19 or Russia’s invasion of Ukraine – developments in 2023 are equally uncertain. The

Tankers To Stay the Course During 2023 The tanker market is expected to stay firm during 2023, with both demand and supply fundamentals expected to help the market to remain at high levels. In its latest weekly report, shipbroker Gibson said that “12 months ago, we titled our closing report of 2021 ‘A

The tanker party only just getting started With the tanker market continuing to set new highs the question at Marine Money in New York was whether the party would continue, or indeed has even got into full swing yet. Barry Parker | Nov 21, 2022 The tanker owner panel, moderated by Evan Uhlick,

Norwegian floating green ammonia facility project presses ahead Oslo-based H2Carrier has been granted approval in principle (AiP) from class society DNV for what it says is the first design of an industrial scale floating green hydrogen and ammonia production and storage facility. The concept, called P2XFloater, is based around making a life extension