Tanker forward freight agreement contracts for the next six months soared overnight. That suggests traders and oil companies expect floating storage to surge in coming weeks, pushing up tanker rates despite a fall in the global demand for crude
MoreGet up to speed with how the coronavirus impacts the shipping industry sector by sector with expert analysis from the Lloyd’s List team
MoreGap with compliant fuels has narrowed from collapsed oil price and demand destruction from coronavirus
MoreClarksons Platou Securities says difference between high and low sulphur fuel now only $75
MoreUS-listed company now set on auto-pilot for a couple years, as fully-employed fleet generates debt-cutting cash, earned in long-term charters
MoreIt wasn't just tankers Thursday, with Carnival and Genco making gains, too
MoreCoronavirus has hit all sectors, but whereas cruise and offshore have been left reeling, bulker and tanker owners have cautious reason for hope
MoreTanker rates stay high as the oil price war between Saudi Arabia and Russia shows no signs of slowing down
More