Tankers: Stricter sanctions on Russian oil expected 

Doubts remain over duration and efficiency of forthcoming U.S. sanctions Denmark, Copenhagen – 22 December 2024.   The U.S. is preparing harsher sanctions on Russia’s oil trade, according to Bloomberg. The aim is to pressure the Kremlin economically. Details are expected soon, including potential measures against shipping fleets. Questions remain, however, about the effectiveness of such […]

Optimism despite a softer tanker market

Higher rates expected – driven by limited tonnage before Christmas​ Denmark, Copenhagen – 22 December 2024.   The Aframax market had a mixed performance this week. In the UKC, rates saw a slight increase as charterers focused on safer itineraries ahead of Christmas. Meanwhile, activity in the Mediterranean/Black Sea region helped stabilize the market. With the […]