The Kirkuk-Ceyhan pipeline reopens

Pipeline resumption supports Aframax/Suezmax activity amid political uncertainty in northern Iraq The reopening of Iraq’s Kirkuk-Ceyhan pipeline has returned about 180 kb/d of crude to Mediterranean trade, with exports set to rise to 230 kb/d by early 2026. Recent liftings have mainly involved Aframaxes and Suezmaxes bound for Turkish and Greek refiners, supporting short-haul employment […]

Strong crude tanker rates as US–China tensions affect car trade

Tanker strength offsets softer LPG and PCTC performance amid trade and policy turbulence Tankers: Rates remain elevatedSuezmax rates have reached their highest levels in nearly two years, with several routes exceeding USD 90,000/day amid firm sentiment across key regions. Both VLCC and Aframax segments also remain firm, with overall average earnings holding at an impressive […]