Sanctions and geopolitics still driving tanker rate surge

2025 off to hectic and lucrative start The tanker market has experienced significant activity in recent weeks, driven by the Trump presidency, sanctions, and geopolitical developments like the recently announced ceasefire in the Middle East. According to Clarksons, Aframax rates in the Far East have surged to $150,000–200,000 per day due to limited tonnage. Recent […]

2024 sales end on a high note

Amerikanske sanktioner får tankrater til at stige voldsomt Grounds for optimism after new car sales spike in December This December, new car registrations in the EU rose by 5% year-on-year, Spain leading the way with an impressive 29% growth. Although Germany and Italy experienced modest declines, the overall performance stabilized annual EU car registrations, which […]

VLGC market holding steady – February outlook remains hopeful 

More renewable ammonia projects in the offing VLGC rates remain steady, holding in the $35,000–$40,000/day range, well above break-even levels. With the market covered throughout January, optimism for further rate increases in February prevails as demand remains strong. CIP to break ground on Mexico ammonia project in 2026 Copenhagen Infrastructure Partners (CIP) is advancing its […]