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PADD 3 clean product flows redirect amid sluggish demand

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LPG
December 02, 2021
Omicron obscures outlook for tanker markets
In this blog, Vortexa attempts to assess Omicron's impact on crude and product tanker markets.
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August 25, 2021
Naphtha persistence lifts LR1 tanker rates…
Firm naphtha demand and discount to LPG, has boosted naphtha flows. At the same time LR2 tankers are involved in trades of other products,…
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August 11, 2021
Crude tonne-miles: SE Asia & India…
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…
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July 22, 2021
OPEC+ decision: A zero-sum game for…
Is the OPEC+ output increase considered glad tidings or a false hope for the VLCC market?
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July 14, 2021
LR2s keep “cleaning” up throughout 2021
What are the dynamics behind this dirty-to-clean shift and what is the impact on the product and crude tanker markets?
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July 08, 2021
The curious case of declining 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…
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May 27, 2021
European naphtha exports boost LR2 demand
Elevated naphtha exports from Europe supported long-haul voyages in favour of LR2 tankers. Yet, will this trend contribute to uplift LR2 freight rates?
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May 26, 2021
Diverging trends behind stable supertanker utilisation
Declining volumes towards the Far East limits tanker demand, but long-haul voyages to India keep VLCC and Suezmax tanker utilisation in balance.
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March 29, 2021
Latam diesel imports via WAF surge…
Latin America diesel imports via ship-to-ship transfers off west Africa are on track to hit a multiyear year high in March.
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March 19, 2021
Middle East LR2 tankers: Naphtha provides…
As naphtha continues to find outlets towards the East, LR2 utilisation is on the rise in March, helping resurrect rates from multi-year lows.
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Middle East LR2 tankers: Naphtha provides a lifeline
Middle East LR2 tankers: Naphtha provides a lifeline
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