Tanker market report dated 7 May 2020

In recent weeks reports about floating storage have featured in the international press. In the 2nd half of April Reuters reported that oil held in tanker floating storage reached at least 160 millio barrels, including 60 VLCCs, up massively from levels witnessed just a couple of months ago.

The weekly tanker market report by Gibson Shipbrokers.

MEMBER SECTION

If you are a member, please login using the orange button at the top of the page to view the full article, or register.

If you are unsure of your membership, or wish to become a member, please contact membership@bimco.org.

BACK TO: Tanker market report dated 15 May 2020 NEXT: Tanker market report dated 1 May 2020

Posted: 11 May 2020

Latest tanker reports

Latest market analysis

ELSEWHERE ON BIMCO

Contracts & Clauses

All of BIMCO's most widely used contracts and clauses as well as advice on managing charters and business partners.

Learn about your cargo

For general guidance and information on cargo-related queries.

Search cargo databases

More about cargo

BIMCO Publications

Want to buy or download a BIMCO publication? Use the link to get access to the ballast water management guide, the ship master’s security manual and many other publications.

View all