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WEST OF SUEZ DIRTY TANKER QUARTERLY: Geopolitical, regulatory developments set to boost sentiment​

HIGHLIGHTS
Q4 sees WAF VLCC, Suezmax markets dip to YTD lows amid weaker demand
Lackluster PG volumes cause ships to ballast west, leading to tonnage overhang
Extension of dark-fleet sanctions seen lending support to rates in 2025

The performance of the West of Suez crude tanker segment confounded market participants' expectations in the final quarter of 2024, with predictions that a seasonal end-of-year increase in demand would boost rates failing to materialize.

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gcaptain.com

Fuel Sales at Singapore Bunker Hub Hit Record Highs in 2024

Marine fuel sales reached fresh highs at the world's largest bunker hub of Singapore in 2024, official data showed on Wednesday, driven by record container throughput and higher deliveries of alternative marine fuels.
gcaptain.com gcaptain.com

gcaptain.com

US Sanctions and Arctic Blast Drive Oil Prices Higher as Tanker Markets Face New Pressure

Global oil markets are facing significant pressure as U.S. sanctions on Russia and Iran intensify, while extreme weather conditions across the Northern Hemisphere have pushed Brent crude futures to a...
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