Disruptions continue to drive tanker demand
Geopolitical disruptions account for the bulk of growth in 2024, but this could reverse if trading patterns return to normal next year.
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Geopolitical disruptions account for the bulk of growth in 2024, but this could reverse if trading patterns return to normal next year.
The growing shadow fleet of tankers transporting sanctioned Iranian, Venezuelan and Russian oil is filling up with the cheapest fuel available, hindering industry efforts to use cleaner fuel to... -May 29, 2024 at 01:03 am EDT - MarketScreener
The shadow fleet of tankers transporting sanctioned Iranian, Venezuelan, and Russian oil hinders efforts to reduce shipping emissions by using non-compliant, cheaper fuels. The growing fleet circumvents sanctions through deceptive practices, raising concerns about environmental impacts, safety, and regulatory enforcement. Authorities struggle to monitor and control these tankers effectively.
The growing shadow fleet of tankers transporting sanctioned Iranian, Venezuelan and Russian oil is filling up with the cheapest fuel available, hindering
Spot rates for US containerised imports from Europe are falling far behind rates from Asia, China military drills around Taiwan remind traders of potential risks, and the head of the Indian Register of Shipping defends classing dark tankers