Unlocking Freight Demand: The Next Step in Shipping

On October 9th, 2024, at 3 PM (GMT) / 10:00 AM (ET), our online webinar, “Unlocking Freight Demand – The Next Step in Shipping,” provided an in-depth exploration of the current and future dynamics of the freight market. Hosted by our expert panel of oil analysts, the session aimed to equip participants with actionable insights and strategies for navigating the complexities of global shipping. Key topics included:

• TA Arb Demand Drove Atlantic Earnings and Vessel Positioning

Ongoing transatlantic arbitrage demand was expected to drive earnings and influence vessel positioning in the Atlantic market. As traders and charterers exploited price discrepancies, freight rates remained volatile, providing shipowners with opportunities to position their fleets for optimal profit.

• Potential Changes in Gasoline Flows Driven by Dos Bocas and Dangote Exports

Anticipated shifts in gasoline flows throughout 2024 were primarily influenced by the exports from Dos Bocas and Dangote refineries. These developments altered traditional trade routes and reshaped supply dynamics, requiring owners and charterers to adapt their strategies accordingly.

• Arb Routes and Margins as Leading Indicators of Gasoline Flow Changes

Monitoring arbitrage routes and margins proved crucial for predicting changes in gasoline flows and vessel routes. Changes in product margins along certain routes signalled where demand was shifting, allowing traders and shipowners to adjust their vessel positioning and ballasting proactively.

• Dwindling Impact from VLCCs Cleaning Up as We Entered the Winter Season.

The influence of Very Large Crude Carriers (VLCCs) on the CPP market diminished as the winter season approached. There were now more reasons to keep VLCCs in the dirty trade compared to the previous summer. The session concluded with a Q&A session, allowing participants to engage directly with the experts.

Speakers: