ShippingWatch

Gibson: Crude tanker carriers off to miserable start in 2018

Even though 2018 has been predicted to end as a bad year for crude oil tankers, the earnings level in January still came as a negative surprise, according to a report from Gibson Shipbrokers. The development is blamed on OPEC as well as overcapacity.

Photo: PR-foto: Euronav

Read this article for free

Register with your E-mail.
No credit card required.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Crews from Torm and Anglo-Eastern ships to be vaccinated under new US program

Seafarers from two Torm ships will be vaccinated against Covid-19 today and tomorrow under a new US vaccination program. CEO Jacob Meldgaard, who also chairs Danish Shipping, urges other countries to follow suit. "This is really important for seafarers," he tells ShippingWatch. Anglo-Eastern has also accepted the vaccine program.

Maersk ready to accelerate its growth in logistics

After years of cautious expansion into logistics, Maersk is now ready to grow at least 10 percent a year, management said this week. In an interview with ShippingWatch, Vincent Clerc, CEO of Ocean & Logistics, lays out the thinking behind Maersk's growth strategy.

Further reading

Related articles

Latest news

See all jobs