Vortexa (Freight)

Strategic Pullback in Greek Participation Weekly voyage counts by Greek operators in moving Russian crude via BEM peaked in Q2 2023—coinciding with a period when Urals was trading below the …

High arrivals of TA diesel into NW Europe mean increasing numbers of MRs subsequently competing for available cargoes in the region. This is occurring while the peak period of gasoline …

The swing in volumes is unprecedented. Between September and November the change in the gap been Pacific and Atlantic Basin amounted to 1.3mbd and in the four months to January …

Europe’s combined imports of diesel/gasoil and jet/kero fell in January by 32% year-on-year, falling below the seven-year range. This decline fits with seasonally low European demand for refined products at …

Sanctioned-tanker-friendly ports emerge within and outside Shandong To circumvent the restrictions, independent oil terminals at key ports outside Shandong—such as Dalian, Shanghai, Zhoushan, and Huizhou—began accepting sanctioned oil, including cargoes …

Excluding CPC and KEBCO, Russian crude exports from outside of the Russia Far East comprise about 65% of Russian crude exports. As we discussed in our exclusive report on the …

All throughout IE Week 2025, we heard about present uncertainty for the markets, from the ramifications of evolving sanctions, upcoming regulatory changes from President Trump and the widely-discussed ceasefire between …

Conversely, certain factors could continue to support MR tankers out of Europe. On the supply side, MR availability in the region may stay tight, as strong Russian diesel exports from …

Aframax Trade Shift: Will Competition Intensify Elsewhere? Aframax has been the main vessel class for Chevron’s Venezuelan crude exports to the US Gulf Coast. The non-renewal of GL41 is likely …

Mainstream crude demand has supported supertankers in Q1 but could subside going forward Crude oil volumes have declined in recent years compared to the 2019 average, significantly reducing mainstream crude …

Energy & Freight Insights Live: Singapore Vortexa hosted the Energy & Freight Insights Live: Singapore Edition on Tuesday, 8 April 2025, bringing together 120+ industry leaders, analysts, and operators to …

Exemptions could soften the blow On the other hand this USTR port fee initiative has spared tankers from port fees due to key exemptions. These apply to China-built ships if …

With around 80 VLCCs slated for delivery over the next three years (Braemar), the nominal fleet capacity is set to expand by approximately 11%. The addition of younger and more …

Demand on the Northeast Asia-to-Southeast Asia route remains muted, due to refinery turnarounds in the former and lower import demand in the latter (read more here). This coincides with weaker …

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China’s seaborne crude imports fell 8% month-on-month and 3% year-on-year in May, dipping below the 10mbd mark. Volumes from nearly all major suppliers—including Saudi Arabia, Iraq, Russia, and Iran—declined from …

Despite the low likelihood of a Hormuz closure, even after Iran’s statements this weekend post-US strikes, the tanker market must still account for the inherent risk in voyages in and …

In this special briefing, we track record-high Iranian crude on water, as both buyers and sellers hasten supply amid recent mounting risks. Despite media reports of disruptions, overall Strait of …