Greg Miller (@GMJournalist) | teapawt

@GMJournalistOct 20

Rates for #crude #tankers down double digits vs highs due to lower charterer demand but still massively profitable. See story (free to read) for rate data + coverage of US energy secretary comments on ‘misunderstood’ plan to use shadow tankers: #shipping. tinyurl.com/2a34rb3k

Crude tanker rates retreat from epic peak as chartering pace slows

Spot rates for crude tankers remain far above where they were just after the Hormuz crisis began, but they are down double digits from highs earlier this month

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@GMJournalistOct 6

#shipping #tankers #crude (free to read) lloydslist.com/LL1158620/Tan…

Tanker rates, already higher than most imagined possible, just spiked again

Crude tanker markets hit a tipping point in mid-September, surging to a new level as more crude exited the Strait of Hormuz. Over the past three days, rates crossed another tipping point, spiking...

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@GMJournalistOct 5

Just when you thought #shipping market couldn’t get any crazier, #crude #tankers spot rates have surged to even more astronomical highs, with VLCC strength cascading to suezmaxes and aframaxes. See story, free to read, for new rate data/analyst comments: tinyurl.com/zew2c72k

Tanker rates, already higher than most imagined possible, just spiked again

Crude tanker markets hit a tipping point in mid-September, surging to a new level as more crude exited the Strait of Hormuz. Over the past three days, rates crossed another tipping point, spiking...

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@GMJournalistOct 2

More coverage of #shipping execs at @CapitalLink event in NYC. How disruptions in 2020s have reduced effective vessel supply but have not (yet) derailed global economic growth or aggregate cargo demand. See story, free to read #tankers #drybulk #containers tinyurl.com/yz4rt

Shipping at ‘unique moment in history’ as conflicts fail to derail demand

How has the global economy — and cargo demand — remained so strong despite so many trade disruptions over the course of the decade?

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@GMJournalistOct 1

Here’s coverage of #tankers #shipping exec comments from @CapitalLink forum in NYC. These guys are always bullish, even when glass is more than half empty, and glass is now epically overflowing. Message is: stronger for much longer. See story, free to read tinyurl.com/2c2as4d4

Some tanker bosses see boom lasting for years, not months

Tanker executives have a tradition of talking their books when speaking on conference panels, but it’s hard to be a cynic in the crowd when spot rates are this astronomically high

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@GMJournalistSep 26

Spot rates for #containers #shipping are at late-COVID highs on Asia-US but have fallen on Asia-Europe. Ave spot rate now over 2x as high for US vs Europe imports. US spot rates up over 200% y/y, yet US import vols are flat y/y. See story, free to read: tinyurl.com/rkupxpx8

Why are spot container rates to the US more than double rates to Europe?

Spot container rates to the US have relentlessly risen throughout 2026. US demand has weathered Trump’s tariffs and is being supported by the AI datacentre buildout and derived demand from that...

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@GMJournalistSep 23

If US moves ahead with ban/restriction on diesel exports, there would be major implications for product and #crude #tankers #shipping rates. Even if Trump backs down this time, it could happen later if geopolitical unrest persists. See story, free to read tinyurl.com/2s4acdtt

How would US diesel export restriction impact tanker shipping rates?

The United States supplies almost one fifth of global seaborne diesel volumes. Possible curbs on those exports, driven by midterm election politics, would be a game changer for tanker trades

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@GMJournalistSep 12

Crazy week for #crude #tankers. Here’s overview (free to read) including analyst/broker comments + new interviews. Nothing like this has ever happened before in history of tanker #shipping and unprecedented rally does not seem anywhere near to being over. tinyurl.com/4ck3f3s8

Why VLCC rates just went ballistic and how they could go even higher

Spot rates are the priciest in history on every VLCC lane following a stunning surge this week. The market is in the midst of a ‘chartering frenzy’ causing ‘seismic shifts’ in rates

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@GMJournalistSep 11

Baltic Exchange print for TD3C today...

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@GMJournalistSep 8

Spot market for #tankers #shipping is truly in uncharted territory. In latest phase of Hormuz crisis, VLCC rates are back near March highs in some lanes, at all-time highs in others. See story (free to read) for latest data: tinyurl.com/37743k6p

VLCC market hits historic high in latest phase of Hormuz crisis

The tanker market is in uncharted territory. No one predicted the Hormuz crisis would last more than six months, but it has. The extended duration is turning out to be historically lucrative for VLCC...

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Greg Miller retweeted

Lloyd's List@LloydsListAug 28

Podcast: Lloyd’s List senior reporter @GMJournalist speaks to key tanker player International Seaways to find out how it assesses risk when choosing which markets to enter lloydslist.com/LL1158316/How…

How International Seaways navigates today’s historic tanker markets

Lloyd’s List senior reporter Greg Miller speaks to key tanker player International Seaways to find out how it assesses risk when choosing which markets to enter

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@GMJournalistAug 20

Multiple #shipping stocks across various segments hit decade highs today. Not just due to Hormuz (although that’s a big part of it), also about broader shift toward more inefficient networks, implying higher rates. See story, free to read: #tankers tinyurl.com/mr3hncz9

Shipping stocks at decade highs amid geopolitical chaos and strong demand

The 2000s was the ‘golden era’ for shipping stocks, with multiple segments all spiking simultaneously. Recent trading behaviour of shipping equities is starting to look similar to that earlier peak...

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@GMJournalistAug 14

Container lines raking in big profits again. Maersk says this is not transitory/frontloading but structural/sticky due to years of high volume growth putting more pressure on constrained landside capacity. See story, free to read #shipping #containers $ZIM tinyurl.com/4up2ksz4

No peak yet: Liner profits mount as spot rates rise again

Tariffs, deglobalisation, a bloated orderbook, energy crisis fallout … liner operators face a long list of hypothetical headwinds. But none have materialised yet, spot rates remain exceptionally...

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@GMJournalistAug 13

Global Hormuz crisis supply response is faltering, #tankers #shipping volume is declining, yet spot rates holding firm at very high levels due to trading inefficiencies. See story, free to read, with latest #crude flow data: $FRO $INSW $DHT $ECO $TNK $NAT tinyurl.com/yc3msjhb

Hormuz crisis supply response loses steam but tanker rates hold firm

The crude tanker market continues its epic bull run. The question — as Hormuz supply replacement efforts falter — is how long disruption upside can continue to offset volume downside

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@GMJournalistAug 3

#Hormuz crisis has created second-best #tankers #shipping boom in history, topped only by 2000s supercycle. See story, free to read, for historical perspective, not just vs 2000s but vs tanker cycles dating back to 1940s: $FRO $ECO $INSW $DHT $TNK $STNG tinyurl.com/ydyat3cd

Tanker boom of 2026, now second-best in history, shows no signs of abating

Today’s tanker market doesn’t yet deserve the ‘best ever’ moniker but it’s making a run for it. The 2000s supercycle, the best ever, was a demand-driven boom that lasted for years. This time it’s a...

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@GMJournalistJul 28

#Tankers are being simultaneously impacted by attacks by Iran in Hormuz, Houthis in Red Sea, and Ukraine in Black Sea. See story (free to read) for how this is affecting VLCC and suezmax #shipping rates, and how these effects interact $FRO $ECO $DHT $INSW tinyurl.com/ywdbfyh3

3D chess: The interwoven tanker effects of Iranian, Houthi and Ukrainian attacks

Crude tanker freight markets are now a game of three-dimensional geopolitical chess involving the Hormuz crisis, how Houthi attacks in the Red Sea impact VLCCs and suezmaxes, and how Red Sea flows...

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Greg Miller retweeted

Lloyd's List@LloydsListJul 21

From the Middle East to Europe, the world has become more dangerous for commercial shipping. It could get even worse. There have been no drone or missile attacks in the Red Sea for the last 11 months, but these could soon resume lloydslist.com/LL1157914/Red…

Red Sea crisis redux: Bab el Mandeb could be the next tanker chokepoint

From the Middle East to Europe, the world has become a veritable shooting gallery for commercial shipping. It could get even worse. There have been no drone or missile attacks in the Red Sea for the...

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@GMJournalistJul 20

There has been talk about Houthis reentering the fray since early in Hormuz crisis. After today’s threat, there is more concern that they will follow through. See story (free to read) for overview of what’s at stake in the Red Sea: #tankers #shipping $FRO tinyurl.com/2xbnj4wu

Red Sea crisis redux: Bab el Mandeb could be the next tanker chokepoint

From the Middle East to Europe, the world has become a veritable shooting gallery for commercial shipping. It could get even worse. There have been no drone or missile attacks in the Red Sea for the...

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