Weight of Freight: Is high price of crude good for tanker market?

01/07/2021 20 min Episodio 244
Weight of Freight: Is high price of crude good for tanker market?

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Episode Synopsis

We welcome a special guest from Vortexa in this next instalment of the Weight of Freight podcast series.
Recent history says that high price of oil usually spells trouble for tanker freight. Will this be different in 2021 where shipowners place hopes on rising post-pandemic demand and anticipated boost in oil production.  
In this episode of Weight of Freight, Arthur Richier, Senior Freight Analyst at Vortexa joins Argus’ Head of Freight Alex Younevitch to explore if tanker freight could benefit from recovering crude prices and extra OPEC barrels, connection between marine fuels and fleet utilization and other topics. 

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