News & insights

Stay on top of the waterborne oil & gas industry with Vortexa. Our insights share expert information from energy market analysts across the globe.

Aug 25, 2021
Freight
LR2
Oil & Gas
Europe
Middle East
Naphtha
LPG
LR1
Far East
Tonne-miles

Firm naphtha demand and discount to LPG prices has boosted naphtha volumes. At the same time LR2 tankers are involved in trades of other products, letting LR1 to gobble up market share out of the Middle East.

Aug 11, 2021
Freight
Import
Crude
China
India
VLCC
Freight
Far East
Tonne-miles
SE Asia

China’s contribution to crude tonne-miles has dwindled year-to-date according to Vortexa freight data as the country continues to decrease crude imports. Other nations have stepped in to fill the void as our data shows.

Jul 22, 2021
Freight
US
Crude
West Africa
Middle East
VLCC
Freight
OPEC
Far East

Is the OPEC+ output increase considered glad tidings or a false hope for the VLCC market? 

Jul 14, 2021
Freight
LR2
CPP / Clean
Naphtha
Freight
Aframax
Far East

What are the dynamics behind this dirty-to-clean shift and what is the impact on the product and crude tanker markets?

Jul 8, 2021
Freight
US
Naphtha
Freight
LPG
Far East
VLGC

Despite a really strong, unseasonal LPG price hike, VLGC rates are following a different path. Vortexa attempts to shed a light on this divergent pattern. 

May 27, 2021
Freight
LR2
Europe
Naphtha
Latin America
LPG
Insight
Tankers
Vessel Utilisation
LR1
Far East
Tonne-miles

Elevated naphtha exports from Europe supported long-haul voyages in favour of LR2 tankers. Yet, will this trend contribute to uplift LR2 freight rates?

May 26, 2021
Freight
Crude
India
Europe
Middle East
Americas
VLCC
Insight
Tankers
Vessel Utilisation
Far East
Suezmax

Declining volumes towards the Far East limits tanker demand, but long-haul voyages to India keep VLCC and Suezmax tanker utilisation in balance.

Mar 29, 2021
Oil & Gas
West Africa
Diesel
Asia
Middle East
Gasoil
STS
VLCC
Latin America/South America
Insight
Far East

Latin American diesel imports via ship-to-ship transfers (STS) off west Africa are on track to hit a multiyear high of around 230,000 mt in March, up from less than 90,000 mt in February.

Mar 19, 2021
Freight
LR2
Asia
Middle East
Naphtha
Freight
LPG
Insight
Vessel Availability
Vessel Utilisation
LR1
Far East

As naphtha continues to find outlets towards the East, LR2 utilisation is on the rise in March, helping resurrect rates from multi-year lows. But widening LPG discounts to naphtha are expected to put a lid on Asia's naphtha imports in the coming months. 

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