Stories by The Signal Group
Over the last thirty days, the supply of commercially available Capes vessels dropped by 40% (from approximately 77 vessels to 44).
JUNE 16, 2020 | Over the last six months, the number of relet vessels in the spot market has doubled. “Relets” are vessels that are commercially managed by oil companies that participate in the spot market.
April 5, 2020 | We looked at 3 scenarios to understand the impact of crude oil oversupply on VLCC supply
March 27, 2020 | What would longer voyages mean for overall vessel availability?
March 17, 2020 | We kept a close eye on vessel supply in the wake of the March 9th drop in oil prices.
February 12, 2020 | Freight rates for the VLCC market remain depressed. This correlates with an increase in vessel supply.
February 7, 2020 | Now that the Mediterranean market has stabilized, the other Aframax markets are, in turn, oversupplied.
October 10, 2019 | We haven’t seen a tankers market this active for years. All segments are booming and vessel supply is dropping.
In the news
THE WALL STREET JOURNAL | May 2, 2020 | Signal addresses vessel availability in the wake of increased demand for vessel storage
OilPrice.com | April 30, 2020 | Around the world, at least one in every 10 VLCCs is currently acting as floating storage
RIVIERA | January 7, 2020 | Signal Maritime Services and Heidmar Inc join forces to create a new era in commercial tanker pool management
FREIGHTWAVES | November 4, 2019 | The Signal Ocean Platform is a SaaS engine using technology to provide more timely and accurate situational awareness for spot-chartering decisions
INT BUSINESS TIMES | July, 2, 2020 | It’s clear this age-old sector is realizing the power of technology, particularly AI, as a driver for increased productivity and profitability.
AMERICAN SHIPPER | June 23, 2019 | Technology has evolved to the point where adoption is much harder to avoid.
June 29, 2020 | Since its launch, Signal’s platform has continued evolving and now tracks more than 30,000 unique ships across all bulk-shipping segments and all global trades.
January 06, 2020 | Signal Maritime Services Ltd. and Heidmar Inc. join forces to deliver high-performance commercial management to the global tanker market
October 28, 2019 | Signal Ocean and international shipbroker Simpson Spence Young have announced today that they have entered into a strategic partnership
June 6, 2018 | Today, Signal welcomed a new era in shipping and formally introduced The Signal Ocean Platform to the maritime community.