Tanker rates soar by upwards of 70 percent

Many predicted that the product tanker market would slow its pace in the fourth quarter. But now the prices for MR product tankers have risen by as much as 70 percent on several routes, reports Morgan Stanley.

BY CHRISTIAN BARTELS

The product tanker market looks set to rise.

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Tanker rates soar by upwards of 70 percent

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Team Tankers: Strong market conditions for the rest of 2015

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Front page now

Wärtsilä to introduce ammonia engine: "We are definitely not a bottleneck"

Will the world come to need 12 million barrels of oil a day?

Poseidon Principles align with IMO climate targets

Royal Arctic Line's chief executive steps down

Broker sees benefits in Fredriksen's possible purchase of rival's tankers

Carriers go their separate ways on climate quotas

Russia takes more risks by increasing shipping on Arctic route

Everfuel and French fund to invest EUR 200m in hydrogen through joint venture

Gram Car Carriers lands multi-year contract worth USD 114m

Mississippi River waters dip toward record low in threat to US crop exports

Seven Seas: Customers' green ambitions and actions don't align

Venture fund in Singapore wants increased business focus from start-ups

Further reading

Carriers go their separate ways on climate quotas

Media: Sale of DB Schenker enters next phase

Wärtsilä to introduce ammonia engine: "We are definitely not a bottleneck"

It's time for DHL's new global head of ocean freight to prove he can be number one

Will the world come to need 12 million barrels of oil a day?

Russia takes more risks by increasing shipping on Arctic route

Jobs