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Ukraine fallout continues to support tanker freight rates
Freight rates for clean tankers—the specialist vessels that transport refined petroleum products—reached multi-year highs in 2022 and are likely to remain strong going into 2023
G7 targets Russian access to tanker insurance
Group wants to cut Moscow’s hydrocarbon revenues, but even the most stringent sanctions have their limits out at sea
Russia-linked tankers ‘going dark’
Shipping analysts Windward see a rise in suspicious activity by Russia-affiliated vessels since start of Ukraine war
Market vagaries may still buffet merging tanker heavyweights
Frontline-Euronav deal will create one of the world’s largest tanker fleets, but price-setting power may remain outside the combination’s reach
Tanker market feels impact of Ukraine crisis
The tanker freight market is having to deal with sanctions, uncertainties and shifting trade flows in the aftermath of Russia’s invasion
Marine fuel market enters troubled waters
Ripple effect from Russia’s war in Ukraine may result in significant supply disruption
LNG shipbuilding capacity to tighten
Shipyards are nearing their limits due to strong demand for carriers
Rotterdam LNG bunkering demand soars
Europe’s largest bunkering port is reaping the rewards of exponential growth in LNG fuelling
Rotterdam LNG bunkering surges again
Sales of gas as a marine fuel close to double in just three months at Europe’s biggest port
Shipping must start planning for zero CO2
Industry warned it must begin developing technology now to comply with IMO 2050 zero carbon emissions target
Bunker fuel Tankers
Greg Miller
8 March 2019
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Tankers steered back from the brink

A recent spike in rates has rescued tanker owners, but the reprieve could be short-lived

Crude and product tanker owners hemorrhaged cash in the first three quarters of 2018, then pulled out of their slump in the fourth as spot freight rates surged. Any threat that oil shippers' tanker counterparties could go bankrupt and default on their obligations has been alleviated—at least for now. Crude tanker owners' reserves were fattened by very strong years in 2015-16, but excessive newbuild orders caused freight pricing to fall much more steeply than expected in 2018. Jonathan Chappell, a shipping analyst at investment bank Evercore ISI, described 2018 in a year-end client note as having "the worst three-quarter start to any year in many decades". At an investor event in New York in

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