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Trump’s Wall of Tariffs
Middle East diesel supplies shifted from West to East, hampering dirty-to-clean switches for large tankers
Clean-to-dirty shift evident across vessel classes
Free Trade Area
Breakwave Bi-Weekly Tanker Report - December 17, 2024
Clouded Horizons: Crude Tanker Freight Market Struggles Amid Weak Demand and Geopolitical Uncertainty – December continues to cast a shadow of pessimism over the crude tanker freight market, with VLCC (Very Large Crude Carrier) rates struggling to gain momentum during what is typically the peak winter demand season.
