Seaborne demand for Arabian Gulf crude exports down 14% in first quarter 2017 in VLCCs and Suezmaxes

In Q1 2017, over 2.5 trillion ton miles were completed by the global VLCC and Suezmax fleet. This was down 4.6% from the previous quarter with a reduction in VLCC work done being the major contributor at -5.42%.

China data: Russian crude tops Saudi Arabian supply again on strong spot buying

China's crude imports from Russia surpassed those from Saudi Arabia for the second time to hit a new monthly...

Piracy in Arabian Sea Challenging the Security of Global Trade

Over the last decade, incidents of maritime piracy in the Gulf of Aden and the Arabian Sea have reached high...