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.

May 10, 2022
Freight
Export
LR2
CPP / Clean
Diesel
Gasoline
Naphtha
Freight
Insight
refined products
MR tankers
LR1
East of Suez

Clean tanker rates in the East of Suez have remained at a high level despite erratic demand in the region. The main driver of this situation lies on the supply side. In this insight we dive into the dynamics behind rates in the East, and link the chain of events to trace the freight rate trajectory.

Apr 20, 2022
Oil and Gas
US
LR2
Crude
CPP / Clean
Diesel
Europe
Russia
Asia
Middle East
Freight
Insight
refinery
MR tankers
Tonne-miles
inventories

India's diesel exports set a record-high in March, as traders in the west snapped up every available barrel offered in the market. We weigh in on whether this export level is sustainable going forward.

Apr 13, 2022
Freight
LR2
Crude
CPP / Clean
Europe
Russia
VLCC
Freight
Aframax
Insight
MR tankers
LR1
Tonne-miles
Suezmax

As we move into the second quarter of this year, we analyse the effects of recent developments on the tonne-mile demand of crude and clean tanker fleets.

Mar 22, 2022
Oil & Gas
LR2
CPP / Clean
Diesel
Russia
Asia
Freight
Insight
Sanctions
Vessel Availability
MR tankers
LR1
East of Suez
Ukraine

Following up on our APAC Webinar, we are answered questions on Russian oil exports, and the implactions on European and Asian crude and product flows, as well as repercussions for clean and dirty shipping.

Mar 17, 2022
Freight
LR2
CPP / Clean
Diesel
Russia
Asia
Freight
Insight
Sanctions
Vessel Availability
MR tankers
LR1
East of Suez
Ukraine

While crude rates are falling from the peaks reached following the Russian invasion in Ukraine, CPP tanker rates continue their rally, especially in the Eastern hemisphere. In this insight we will analyse the drivers which have triggered this development.

Jan 27, 2022
Freight
US
LR2
Mideast Gulf
Asia
Naphtha
Freight
LPG
Vessel Availability
VLGC
petrochemicals

In this insight we’ll analyse the main drivers behind the decline on naphtha and LPG freight rates drop as well as what's in store for the future.

Jan 20, 2022
Freight
LR2
Crude
CPP / Clean
Diesel
VLCC
Freight
OPEC
Suezmax
East of Suez
Deliveries

Vortexa will make a recap of the key takeaways of crude tanker CPP voyages, while giving a view of whether this trend is sustainable in 2022.

Dec 14, 2021
Freight
US
LR2
Crude
Oil & Gas
CPP / Clean
Europe
Russia
Middle East
DPP / Dirty
Freight
Aframax
Tankers
Tonne-miles
Freight Rates

In last year’s freight forecast Vortexa described 2020 as one of the most volatile years on record. 2021 saw a more tepid year, with freight rates overall languishing at their lowest levels in years. Vortexa forecasts what 2022 has in store for freight markets.

Dec 9, 2021
Oil & Gas
US
LR2
Crude
Oil & Gas
CPP / Clean
Europe
Russia
Middle East
Aframax
refined products
refinery
Natural Gas

Vortexa analyses competitive advantages of different refining setups and concludes from product export data that refiners in oil producing countries are currently outperforming plants in consuming nations thanks to feedstock costs.

Dec 2, 2021
Freight
US
LR2
Crude
CPP / Clean
Diesel
Europe
Jet Fuel
Middle East
Naphtha
VLCC
Freight
MR tankers
LR1
Far East

In this blog, Vortexa attempts to assess Omicron’s impact on crude and product tanker markets.

Nov 25, 2021
Freight
LR2
CPP / Clean
Gasoline
Transatlantic
Middle East
Freight
MR tankers
LR1
Tonne-miles
Freight Rates

Vortexa analyses the freight rate development of 4 vital CPP routes and investigates how the cross-vessel class dynamics could drive a domino effect on fleet repositioning.

Oct 7, 2021
Freight
LR2
Crude
China
CPP / Clean
Europe
VLCC
Freight
OPEC
MR tankers
Tonne-miles

As the world tries to shake off the pandemic, Vortexa looks at top-level tanker demand trends to understand how the Crude and CPP markets have fared compared to the pre-covid period, the previous quarter and what is in store for the future.

Sep 23, 2021
Freight
LR2
Crude
China
West Africa
CPP / Clean
Diesel
Asia
VLCC
Freight
OPEC
MR tankers
LR1
East of Suez
Freight Rates
Decarbonisation

Having one eye set to analytical insights and the other on industry events, Vortexa provides a brief outlook on the shipping industry’s future. It seems that the tanker sector will need to surf high and wild waves, both in the short and the long term.

Sep 2, 2021
Freight
LR2
West Africa
Middle East
Gasoil
VLCC
Freight
Suezmax
East of Suez

As CPP volumes on crude supertankers decline, Vortexa analyses the main factors of this occurrence and provides a view on the future of VLCC and Suezmax clean maiden voyages. 

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.

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 1, 2021
Freight
LR2
Crude
CPP / Clean
VLCC
Freight
Aframax
Insight
Tankers
MR tankers
Suezmax
Freight Rates

Vortexa summarises the trends and dynamics that prevailed in the crude and product tanker market throughout Q2 2021

Jun 10, 2021
Freight
LR2
Crude
CPP / Clean
Europe
Insight
Tankers
Tonne-miles
Fleet Distribution
East of Suez

The OPEC+ announcement to stick to an increase in supply of crude has to date failed to kickstart a morose market. Using Argus Media pricing and Vortexa flows and freight data, we explore whether the expected second half of the year rally is due to materialise.

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 12, 2021
Freight
UK
LR2
Crude
West Africa
Diesel
Gasoil
VLCC
Insight
Suezmax

An ailing crude market has driven charterers to employ newbuild crude tankers for East-to-West of Suez CPP cargo transits, adversely impacting LR2 demand.

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. 

Oct 7, 2020
Oil & Gas
LR2
Diesel
Europe
Russia
Gasoil
Floating Storage
PADD 1

As the US northeast (PADD 1) heads into the winter season, one factor on the minds of diesel market participants is will the change of seasons drive a change in flows?

Mar 12, 2018
LR2
Oil & Gas
Diesel
Russia
Primorsk
Mar 5, 2018
LR2
Oil & Gas
Gasoline
India
Europe

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