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News

EMF Weekly 17

Tankers: As expected, the rates got a real boost last week. Average earnings in the Aframax segment increased by 135% compared to the previous week. The Contango curve looks very...
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EMF Weekly 16

Tankers: It was a relatively stable and slow week in the large tank segments last week. What is interesting to see now is how extremely tight the tonnage charts are...
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EMF Weekly 15

Tankers: It has been an eventful week in the tanker market.  The OPEC+ meeting last week resulted in a total production cut of $9.7m barrels for May and June, with...
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EMF Weekly 14

Tankers: The rates are once again increasing for the large tank segments. However, we see that several tankers that are attached to long trades will return to the spot market...
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EMF Weekly 13

Tankers: The rock solid tank market continues the positive trend. The rates are both three and four times the cash breakeven in all major tank segments and generated huge cash...
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EMF Weekly 12

Tankers: It has been a much quieter week than the record rates we saw the week before in the VLCC and Suezmax segment. The rates from the Arabian Gulf to...
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EMF Weekly 11

Tankers: We have had an adventurous week in the tanker market. After the Russia refused to participate in further cuts, the oil and tanker market has been turned on it’s...
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Battle of the Barrels

The current global situation has been dramatically changed after the outbreak of the COVID-19 virus. Described as a virus with significant high infection ratio, the pandemic has wounded both humans...
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EMF Weekly 10

Tankers: Tanker rates strengthened last week. We saw the biggest increase in the Aframax rates, which rose by just over 16% last week. We also observed a good drift in...
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