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 28, 2022
Oil and Gas
US
CPP / Clean
Gasoline
Europe
Russia
Transatlantic
Freight
Insight
MR tankers

MR tankers in the Atlantic are facing a bumpy road after the first week of April, mainly driven by tonnage oversupply. However, the return of transatlantic gasoline demand could act as a deus ex machina and stage a revival for freight rates on both ends of the Atlantic Basin.

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.

Mar 1, 2022
Oil & Gas
Fuel Oil
Crude
Diesel
Europe
Russia
Transatlantic
Naphtha
Freight
Insight
refinery
MR tankers
Ukraine
secondary feedstocks

From an oil and shipping point of view, the Russia/Ukraine war may curtail or merely rerout the flows of Russian oil barrels, or even keep them largely unchanged. The importance of diesel may even top crude, with limited alternatives speaking for continued Russian-European trade.

Feb 24, 2022
Oil & Gas
US
Crude
Libya
Gasoline
Europe
Transatlantic
Freight
PADD 3
Insight
refinery
MR tankers
Land storage

European refiners' thirst for light-sweet crudes has propelled sweet crude premiums in recent weeks. As these premiums continue to test historical highs, it raises questions as to whether product prices are catching up fast enough to support this price momentum.

Feb 21, 2022
Freight
US
CPP / Clean
Gasoline
Europe
Transatlantic
Latin America/South America
Freight
PADD 3
refinery
MR tankers

How CPP dynamics has shaped the MR freight market on the Atlantic as well as what is in store for the region in the short to medium term?

Dec 22, 2021
Freight
US
Crude
Gasoline
Europe
Freight
Aframax
Vessel Availability
refinery
MR tankers

Transatlantic rates reached an annual high recently, however are now easing. Vortexa is attempting to analyse the reasons behind this decline and whether this trend will resume.

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.

Aug 5, 2021
Oil & Gas
Import
Export
Oil & Gas
CPP / Clean
Gasoline
Russia
Naphtha
Freight
Insight
refinery
MR tankers
East of Suez

As we witness global naphtha cracks continuing strength since the spring, we can see that seaborne naphtha imports carry on their impressive recovery. Strong flows are expected to continue on the back of firm petrochemical demand East of Suez and European gasoline blending.

Jul 29, 2021
Oil and Gas
US
West Africa
Diesel
Gasoline
Asia
Middle East
Chile
Americas
VLCC
Latin America/South America
Freight
PADD 3
mexico
MR tankers
East of Suez

Latam imports of gasoline & diesel are enjoying a demand surge with volumes arriving from as far away as the East of Suez to fulfill hefty import requirements. However, despite higher volumes of clean products headed towards Latam over July, MR tanker US Gulf - Latam remained relatively unchanged, as a fair chunk of the inflow was supplied from West Africa.

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

Mar 11, 2021
Freight
US
Gasoline
Europe
Houston
Latin America
Freight
PADD 3
PADD 1
Insight
Vessel Availability
Vessel Utilisation
Norway
MR tankers

The recent drop in US refinery throughput following the North American winter storm has strengthened transatlantic gasoline flows, while exerting pressure on Medium Range (MR) tankers operating in the Americas. But looking forward, the tables could be turned.

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