Actionable insights to help you trade with conviction

• Market Commentary,
• Freight

6 November 2025

AG CPP Report: LR1s soften & MRs hold steady

• Market Commentary,
• Freight

28 October 2025

CPP Atlantic MR market report: USGC market turns bearish

• Market Commentary,
• Freight

22 October 2025

CPP Atlantic MR market report: UGSC MRs stabilizing, TC2 overvalued

• Market Commentary,
• Freight

22 October 2025

USGC DPP Market Report: TD25 overvalued and TD22 supported

• Market Commentary,
• Freight

15 October 2025

CPP Atlantic MR market report: USGC MRs firming & NWE MR market balanced

• Market Commentary,
• Freight

14 October 2025

USGC DPP Market Report: TD25 steadies and TD22 extends rally

• Market Commentary,
• Freight

10 October 2025

Eastern CPP Report: Likely bottom in rates forming

• Market Commentary,
• Freight

9 October 2025

AG CPP Report: Freight remains under pressure

• Market Commentary,
• Freight

30 September 2025

USGC DPP Market Report: Afra and VLCC rates are overvalued

• Market Commentary,
• Freight

25 September 2025

CPP AG/WCI market report: Pressure on rates builds

• Market Commentary,
• Freight

24 September 2025

CPP Atlantic MR market report: Bearish October vessel demand transition

• Market Commentary,
• Freight

22 September 2025

Dirty Freight Market Report: Bullish themes set to continue

• Market Commentary,
• Freight

18 September 2025

Clean freight EoS market report: Neutral outlook across the board

• Market Commentary,
• Freight

17 September 2025

CPP Atlantic MR market report: Rangebound in the USGC and NWE

• Market Commentary,
• Freight

16 September 2025

Dirty Freight Market Report: Bullish global crude freight

• Market Commentary,
• Freight

10 September 2025

Clean freight EoS market report: AG LR1 demand outlook improves

• Market Commentary,
• Freight

9 September 2025

CPP Atlantic MR market report: USGC strength ahead, NWE October weakness

• Market Commentary,
• Freight

9 September 2025

Dirty freight market report: TD3c strength weakens Arab Light valuation into FE

• Market Commentary,
• Freight

3 September 2025

Dirty freight market report: Continued strength expected in TD3c

• Market Commentary,
• Freight

28 August 2025

Clean freight EoS market report: Spot supported; value in TC5 & TC17

• Market Commentary,
• Freight

26 August 2025

Dirty freight market report: Spot & Q4 TD3c remains undervalued

• Market Commentary,
• Freight

26 August 2025

CPP Atlantic MR market report: Spot supported, forward curves overvalued

• Market Commentary,
• Freight

21 August 2025

Clean freight EoS market report: Spot steady, forward curves overvalued

• Market Commentary,
• Freight

19 August 2025

Dirty freight market report: Afra & VLCC spot upside vs weak WAF suezmax outlook

• Market Commentary,
• Freight

14 August 2025

Clean freight WoS market report: Fair value now, bullish set-up ahead

• Market Commentary,
• Freight

13 August 2025

Clean freight EoS market report: LR1s face headwinds, MRs poised for gains

• Market Commentary,
• Freight

12 August 2025

Dirty freight market report: TD25 overvalued while TD3c is poised to strengthen

• Market Commentary,
• Freight

7 August 2025

Clean freight WoS market report: USGC rally overdone, NWE stuck in a tight band

• Market Commentary,
• Freight

5 August 2025

Dirty freight market report: TD25 overvalued while TD3c is poised to strengthen

• Market Commentary,
• Freight

29 July 2025

Clean freight market report: LATAM arbs support USGC; NWE & AG margins weaken

• Market Commentary,
• Freight

29 July 2025

Dirty freight market report: Global VLCC rates are under continued pressure

• Market Commentary,
• Freight

23 July 2025

Clean freight market report: TC2 strength is over done

• Market Commentary,
• Freight

22 July 2025

Clean freight market report: More USGC MR weakness to come

• Market Commentary,
• Freight

8 July 2025

Dirty freight market report: Back to neutral RBI valuations across regions and vessel classes

• Market Commentary,
• Freight

2 July 2025

Clean freight market report: All USGC arbs are slammed shut

• Market Commentary,
• Freight

1 July 2025

Dirty freight market report: USGC crude freight is undervalued while WAF Suezmaxes look expensive vs the competition

• Market Commentary,
• Freight

25 June 2025

Dirty freight market report: Back to fundamentals as the dust settles

• Market Commentary,
• Freight

18 June 2025

Wet freight market report: Israel and Iran war

• Market Commentary,
• Freight

11 June 2025

Clean freight market report: AG & WCI MR rates have bottomed

• Market Commentary,
• Freight

11 June 2025

Dirty freight market report: Near-term TD3c outlook remains weak

• Market Commentary,
• Freight

3 June 2025

Dirty freight market report: AG VLCC tonnage is long and the TD3c RBI remains overvalued

• Market Commentary,
• Freight

21 May 2025

Dirty freight market report: Likely bottom forming in TD25 rates

• Market Commentary,
• Freight

15 May 2025

Dirty freight market report: Spot TD20 and TD3c rates have more room to fall

• Market Commentary,
• Freight

8 May 2025

Dirty freight market report: Spot TD25 & TD20 move lower bringing valuations back to earth

• Market Commentary,
• Freight

25 April 2025

Dirty freight market report: TD20 at most overvalued level in last twelve months

• Market Commentary,
• Freight

10 April 2025

Dirty freight market report: TD25, TD20 & TD3c RBI and market analysis

• Market Commentary,
• Freight

3 April 2025

DPP market report: Sparta RBI launch (Relative Basket Index)

• Research,
• Whitepapers,
• Freight

9 April 2024

Correlation Analysis Between Volume of Shipping Vessels and Diesel Arbs from the USGC region