Tankers

Russian federation could not “import substitute” tankers from the EU
Due to the shortage of tankers, russia is forced to sell oil at prices below 60 dollars per barrel.

Russian Lukoil dropped out of the top 10 tanker charterers
The russian oil company “Lukoil” was removed from the list of the world’s largest charterers of tankers due to sanctions.

Tanker rates continue to fall
Since the beginning of the year, rates for tankers have decreased in all regions.

Oil company to note charter vessels carrying Rosneft
The largest oil company of the USA, ExxonMobil, refuses the freight of tankers that transported oil from russia.

Russian tankers are hiding near Singapore
Tankers loaded with russian fuel oil anchored off Singapore and Malaysia before EU sanctions.

In russian federation, prices for ice-class vessels will increase significantly
BRS analysts of the Braemar brokerage company predict a crisis of ice-class vessels, which can significantly increase the rates for these ships russian federation.

Euronav will build two ammonia and methanol tankers
Euronav has signed an agreement with the Korean shipyard Daehan Shipbuilding for the construction of two Suezmax crude oil tankers.

Russia is trying to quickly build up its fleet before the oil embargo
The aggressor country began to actively rebuild the global tanker fleet before the EU ban on the sale of russian oil.

Tanker transportation price will remain the same
The cost of tanker transportation will not change despite the refusal of trade with Russia. Prices are consistently high due to the low number of orders for vessels.

The prices for old tankers increases due to sanctions against russian federation
We are telling why prices for old tankers are rising, how sanctions against russia have affected shipowners, and what to expect from the tanker market at the end of this year.