Hormuzstrædet forbliver lukket, mens markedet navigerer gennem den ottende uge med uro
Tankindtjeningen falder, men bliver på solidt højt niveau Tank: Indtjeningen har toppet for nu, men holder sig et godt stykke over 2025-gennemsnittetRåolietankmarkedet faldt svagt i forhold til sidste uge, eftersom lav fragtaktivitet lagde pres på alle størrelsesklasser. Faldet afspejler dog en normalisering fra et ekstraordinært højt niveau snarere end en strukturel nedgang. Suezmax og Aframax […]
Hormuz closure deepens as supply loss reaches one billion barrels
Structural market dislocation intensifies into week eight, with no clear path to normalisation Earnings hold firm as the strait remains effectively closedCrude tanker markets softened modestly week-on-week but remain at historically elevated levels across all segments, with 2026 year-to-date averages running at multiples of 2025 levels. The Strait of Hormuz is now in its eighth […]
UAE exits OPEC and EU tightens the screws on Russia
Two developments this week impacting future energy trade UAE to Exit OPEC – Positive for Tanker DemandThe UAE will exit OPEC/OPEC+ on 1 May, citing national interest and a commitment to meeting market demand. The move follows growing tensions, as the UAE has invested heavily to expand production capacity to 5.0 million bpd by 2027, […]
Hormuz stays closed as market digests week eight of disruption
Tanker earnings ease but remain structurally elevated Tankers: Earnings soften from peak but hold well above 2025 averagesThe crude tanker market softened week-on-week as limited visible cargo activity applied downward pressure across all size classes, though the correction reflects a normalisation from extraordinary levels rather than a structural retreat. Suezmax and Aframax declined to approximately […]
The Strait of Hormuz remains blocked as the US extends ceasefire with Iran ‘indefinitely’
Both sides block the waterway to gain leverage during an extended ceasefire As the two-week ceasefire deadline between the US and Iran expired earlier this week, President Donald Trump said the truce agreed to on April 7 would stay in place indefinitely whilst Washington waited for Iran to submit a new peace proposal. Tehran states […]
Continued positivism across our key segments
LPG rate surge driven by Panama Canal-congestion, while tanker demand supported by strong US exports Tanker: Crude tanker markets begin to normalize as Hormuz ceasefire opens path to resumption of Gulf flowsCrude spot rates held broadly stable week-on-week, sustained by continued strong demand for vessels moving crude oil on longer Atlantic routes. Rates for both […]
Begrænset VLGC-kapacitet sender raterne til højeste niveau i flere år
Trængsel ved Panamakanalen og forlængede ruter om Kap det Gode Håb mindsker tilgængelig kapacitet og medfører høje fragtrater VLGC-fragtrater er steget til det højeste niveau i cirka 2,5 år, drevet af et markant fald i tilgængelig tonnage. Vedvarende trængsel ved Panamakanalen og høje transitafgifter presser flere skibe over på den længere rute om Kap det […]
Hormuzstrædet forbliver blokeret, mens USA forlænger våbenhvilen med Iran ’på ubestemt tid’
Begge parter opretholder blokader for at styrke deres position under en forlænget våbenhvile Da den to uger lange våbenhvile mellem USA og Iran udløb tidligere på ugen, udtalte præsident Donald Trump, at aftalen fra 7. april vil forblive i kraft på ubestemt tid, mens USA afventer et nyt fredsudspil fra Iran. Teheran meddeler dog, at […]
Tight VLGC supply drives rates to multi-year highs
Panama Canal congestion and longer Cape routings constrain vessel availability, supporting elevated freight markets VLGC freight rates have climbed to their highest levels in roughly 2.5 years, driven by a sharp tightening in available vessel supply. Ongoing congestion at the Panama Canal and elevated transit fees are pushing more ships onto the longer Cape of […]
Fortsat optimisme inden for vores nøglesegmenter
LPG-rater stiger som følge af trængsel i Panamakanalen – tankefterspørgslen vokser, hjulpet af stærk amerikansk eksport Tank: Råolietankmarkedet finder langsomt et normalt leje Spotraterne for råolie holdt sig generelt på et stabilt niveau i forhold til ugen før, gavnet af fortsat stærk efterspørgsel efter tonnage til længere ruter over Atlanten. Raterne for både Suezmax- og […]
