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Specialised & Chemical Tankers

When it comes to specialised and chemical tankers, we bring decades of expertise with the transportation of a diverse range of specialised liquids in bulk. From chemicals and vegoils to biofuels, lubricants and both clean and dirty petroleum products, our team is adept at providing solutions for shipping these commodities to and from any ports worldwide.

Whether sourcing the most suitable vessels or optimising logistics, our team works collaboratively to meet the unique requirements of each client, ensuring that their shipments reach their destinations seamlessly and in accordance with the highest standards of safety and efficiency.

Specialised & Chemical Tankers in numbers

4480

Chemical capable tankers

1.8m

Barrels per day Seaborne biofuel/vegoil trade

Specialised & Chemical Tankers team

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Alice Luo

Broker

Department: Specialised
Location: Singapore

Amanda Poh

Broker

Department: Specialised
Location: Singapore

Andrew Lawson

Broker

Department: Specialised
Location: London

Bradley Hunt

Specialised Tanker Operator

Department: Specialised
Location: London
Tel: +44 (0) 20 7667 1220

Charlie Haddock

Broker

Department: Specialised
Location: Singapore

Christopher Thompson

Sectional Director

Department: Specialised
Location: London

Dean Mulroy

Broker

Department: Specialised
Location: London
Tel: +44 (0) 20 7667 1146

Eoghan Jackson-Ryan

Broker Assistant

Department: Specialised
Location: Singapore

Jaycie Wong

Specialised Tanker Operator

Department: Specialised Ops
Location: Singapore

John Gillespie

Broker

Department: Specialised
Location: London

Lileen Yeap

Specialised Tanker Operator

Department: Specialised Ops
Location: Singapore

Mark Torode

Specialised Operations Manager

Department: Specialised
Location: London

Ryan McAnearney

Broker

Department: Specialised
Location: Singapore

Propelling maritime trade through excellence in shipping services.

With over 130 years of experience and a global network of industry connections, we are your trusted partner in shipbroking and advisory services.
Tankers
From crude oil to refined products we facilitate the chartering and brokerage of tankers.
LPG, Ammonia & Petrochemical Gases
Leveraging expertise, we ensure seamless transportation of liquefied gases.
Sale & Purchase
Facilitating the acquisition, divestiture and value optimisation of shipping vessels.
Specialised & Chemical Tankers
Offering specialised solutions, we manage the chartering and brokerage of chemical tankers.
Projects & Time Charter
Catering for the specific needs of clients in project and time charter requirements.
Consultancy & Research
Providing valuable insights and strategic advice to empower our clients with market intelligence and analysis.
LNG
Facilitating chartering solutions to ensure the efficient and secure transportation of LNG.
Dry Cargo
Managing and actioning the chartering and brokerage of dry bulk commodities.

Discover more weekly reports

Tanker Market Report 17.01.25

A Lot Can Happen in a Week

On Friday 10th January, the United States sanctioned Gazprom Neft and Surgutneftegaz, two key Russian insurers and 183 ships, including 156 tankers, sending shock waves through the oil and tanker markets. Crude prices have rallied on concerns of potential oil supply disruptions, greater volatility has also been witnessed in a number of crude and product arbs. Spot crude and product freight across all markets firmed, with exception of most Aframax trades.

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Tanker Market Report 10.01.25

Sanctions Sting?

Earlier this week, news emerged that one of the major port operators in China’s Shandong Province, Shandong Port Group (SPG), would ban the entry of vessels which appear on the United States OFAC sanctions list. Given the fact that independent refiners in the province are the largest receivers of Iranian, Venezuelan and Russian crude, the impact could be significant. Looking at 2024 trade to the ports within SPG’s remit, it becomes possible to get a sense of what sectors might see the greatest impact.

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Tanker Market Report 20.12.24

The Year in Review

2024 started with fresh OPEC+ supply cuts and the onset of the EU’s Emissions Trading Scheme, though both of these seemingly impactful stories were quickly swept away by a wave of Houthi attacks on commercial shipping passing through the Red Sea. While these attacks initially targeted only Israeli linked vessels, they quickly became more indiscriminate leading to large scale re-routing from the Suez Canal to the Cape of Good Hope with no end currently in sight, although attacks on merchant vessels have subsided somewhat.

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Tanker Market Report 13.12.24

Choppy Waters Ahead

In recent years, the tanker market has faced quite a few tailwinds. Structurally, the industry has benefitted from the colossal gains in tanker tonne miles following sanctions on Russia, the exit of aging tonnage into the grey fleet and minimal new deliveries. This year, the rerouting via Cape of Good Hope has also supported the clean tanker market.

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Tanker Market Report 06.12.24

Keep Rollin

Yesterday OPEC+ made the seemingly inevitable decision to roll over production cuts for another 3 months, acknowledging that the current fundamentals do not allow for additional OPEC+ production. In fact, with the fundamentals suggesting a well-supplied market for 2025, the group further slowed the pace of production increases.

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Tanker Market Report 29.11.24

Mexican Standoff

President-elect Donald Trump has announced that he will implement a 25% tariff on all products entering the US from Canada and Mexico. Sources indicate that oil will not be exempted from the tariffs, and as such oil flows could be significantly impacted. Canada exports over 4 mbd to the US, the vast majority of which is heavy crude transported on pipelines and difficult to redirect. Mexico on the other hand, exports around 500 kbd of mostly heavy crude to the US, all of which is seaborne and more readily redirected. If these tariffs are implemented, how will Mexican and Canadian oil flows change?

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Tanker Market Report 22.11.24

Persistent Weakness

Crude and product tanker markets have been under heavy pressure so far in Q4, with clean West rates currently the only bright spot. Whilst markets are frequently volatile, persistently weaker returns in the middle of a traditionally strong fourth quarter are causing concern. What are the demand factors behind weaker rates and earnings?

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Tanker Market Report 15.11.24

The latest East-West divide

Lacklustre oil demand from China has been a leading story in tanker markets this year. In its annual report published in June, the IEA forecast Chinese demand growth of 480 kbd for 2024, which has been revised downwards several times this year, to now 150 kbd. The reasons cited behind the slowing demand growth are many, ranging from increased adoption of EVs and LNG trucks, to a slowdown in industrial activity and consumer spending.

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Tanker Market Report 08.11.24

Too Close to Call?

With the stunning election of Donald Trump as the 47th president of the United States, energy and shipping markets are now frantically calculating the impact on their business plans. For tanker shipping, the president-elect’s support for the US oil sector suggests good times lie ahead. However, in reality the picture is far more complex, with a number of bullish and bearish outcomes depending on the policy decisions made. 

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Tanker Market Report 01.11.24

Long View

The IEA has just updated its long-term view of oil markets. As usual, the agency presented different scenarios and cautioned that its outlook does not provide a forecast of what will happen; instead, it offers several scenarios that explore different possible futures, depending on certain assumptions at government, industry, and consumer level.

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Tanker Market Report 25.10.24

Made in America

American crude production has gone from strength to strength in recent years, despite a recent slowdown. After a low of 5 mbd in 2008 and worries about the dependency of the US on imports, the shale revolution massively increased production capabilities over the last decade. The EIA saw crude production at 13.5 mbd last week, a new record.

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Tanker Market Report 18.10.24

Orderbook vs Aging Fleet

Investment in new tankers today is not a simple decision, considering mounting environmental pressure, uncertainty about future vessel designs and concerns about the viability of global oil demand in the long term. Despite this, ordering activity surged last year to its highest level since 2015 and has continued at a robust pace this year. 

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Tanker Market Report 11.10.24

eMissions Control

The shipping markets are no stranger to emissions control areas (ECAs), following the establishment of ECAs in the United States, Baltic and Northern Europe. From the 1st of May 2025, the entire Mediterranean Sea will become an ECA, with the maximum sulphur content of fuel burned on board falling from 0.5% to 0.1%, unless fitted with an exhaust gas cleaning system (scrubber) capable of reducing stack emissions to this level.

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Whether it’s tankers, clean products or specialised cargo, find a trusted broker in navigating the seas of global trade, and get access to a connected team of seasoned shipping professionals, operational excellence and unmatched strategic guidance.

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