Tanker Rates
7 stories tagged Tanker Rates.
Asian Port Congestion Drives Container Rate Increases, USG Tanker Rates Ease
Container shipping rates from East Asia and China to the United States saw upward movement this week, while tanker rates originating from the US Gulf experienced softening. These market shifts coincide with intensifying port congestion in Asia, contributing to a decline in global schedule reliability.
Hafnia Reports Robust Q2 2026 Performance Amid Elevated Tanker Market Rates
The product tanker operator notes strong financial results for the second quarter of 2026.
COSCO Shipping Energy Reports Significant Profit Growth in First Half
The shipping giant has announced a substantial increase in its first-half net profit, driven by market conditions affecting tanker rates.
SFL Corp. Reports Strong Quarter Amidst Elevated Tanker Market Conditions
The shipping company has announced significant financial performance, primarily driven by robust rates in the crude oil and product tanker sectors.
Tanker Market Experiences Rate Surge Amidst Gulf Oil Activity
The global tanker market has recently observed a notable increase in shipping rates, particularly for crude oil transport from the Persian Gulf. This development coincides with a sustained flow of oil exports from the region.
Middle East Export Expansion Bolsters Tanker Freight Rates
Tanker rates for crude oil transport out of the Middle East have seen significant upward movement amidst increased export volumes from the region's producers.
China Merchants Energy Shipping Reports Significant Profit Increase
The energy shipping company experienced substantial growth in net profit, attributing the rise to favorable tanker market conditions and strong demand for shipping services.