@MakaiMarine Makai Research

Makai Research posts on X about $insw, $fro, $eco, $stng the most. They currently have [-----] followers and [---] posts still getting attention that total [-----] engagements in the last [--] hours.

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[--] Month [------] +92%
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[--] Year [-------] +18%

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[--] Week [--] +47%
[--] Month [--] +12%
[--] Months [---] +58%
[--] Year [---] +59%

Followers: [-----] #

[--] Week [-----] +0.67%
[--] Month [-----] +1.10%
[--] Months [-----] +5.20%
[--] Year [-----] +19%

CreatorRank: [---------] #

Social Influence

Social category influence stocks 81.31% cryptocurrencies 39.25% countries 11.21% finance 4.67% travel destinations 0.93%

Social topic influence $insw #1, $fro #157, $eco #3, $stng 43.93%, $asc 43.93%, $trmd 42.06%, $dht #2, $dismi 39.25%, $hafn 32.71%, $tnk #4

Top accounts mentioned or mentioned by @tmasonh @oilcfd

Top assets mentioned International Seaways, Inc. Common Stock (INSW) Frontline Ltd. (FRO) Okeanis Eco Tankers Corp. (ECO) Scorpio Tankers Inc. (STNG) ARDMORE SHIPPING CORPORATION (ASC) TORM plc Class A Common Stock (TRMD) dHedge DAO (DHT) Hafnia Limited (HAFN) Tokenomy (TEN) Valero Energy Corporation (VLO) PBF ENERGY INC. (PBF) Phillips [--] (PSX) Partisia Blockchain (MPC) DinoLFG (DINO)

Top Social Posts

Top posts by engagements in the last [--] hours

"We excluded this chart from Monday's report since it was focused on PADD3 but a similar Venezuela vs Mexico dynamic emerges in Europe as it increases Venezuelan crude intake. Spain would be the principal driver of this. #oott #tankers $FRO $DHT $INSW $ECO $TNK $TEN"
X Link 2026-02-13T13:03Z [----] followers, [---] engagements

"(sigh) $STNG presentations. This cannot happen on the same time-space continuum zero percent fleet growth and 6.7% tonne-mile growth in [----]. This is due to the simplistic scrapping scenarios in the footnotes when modelling s/d is about finding equilibria. #tankers $HAFNI $ASC"
X Link 2023-10-12T10:27Z [----] followers, [----] engagements

"Absolutely. Also Chinese clean export quotas are the constraint. Will limit refinery utilisations & still boost clean stocks by 3-4 days. Unless demand overwhelms forecasts would expect high stocks to force larger second quotas. #oott #tankers $ASC $STNG $TRMD $HAFNI $DIS.MI Be careful with this because it has issued full year quotas for some refineries something it has not not done in the past. It means later import quotas in the year will be smaller than other years. China does not have 60% more capacity. https://t.co/hHbz6lkDS2 Be careful with this because it has issued full year quotas"
X Link 2024-01-02T10:11Z [----] followers, [----] engagements

"Today's report is on the prospects of plateauing Chinese oil demand and the impact on its refining system (link in bio). Goes into specifics on EV penetration and the evolving structure of Chinese refining. #oott #tankers $FRO $DHT $INSW $ECO $STNG $TRMD $HAFNI"
X Link 2024-10-15T11:29Z [----] followers, [----] engagements

"Four weeks ago we said that the sell side had little choice but to start cutting estimates based upon deteriorating fundamentals. After many called SEB & Fearnleys stupid and irrelevant now Pareto DNB et al have joined the fray. Oops. #oott #tankers $ASC $STNG $TRMD $HAFNI As we suggested earlier as the sell side rolls out their estimates into [----] they had to decide: Promote absurd tanker demand numbers against massive supply or Reign in their estimates & TPs (hint: they are just getting started) #oott #tankers $ASC $STNG $TRMD $HAFNI $DIS.MI As we suggested earlier as the sell side rolls"
X Link 2024-10-24T09:20Z [----] followers, [----] engagements

"We have just posted our second Weekly Product Tanker Report on that site (link in bio). We added a short-term outlook at the rear of the report and updated it with new fundamental charts (below). #oott #tankers $ASC $STNG $TRMD $HAFNI $DIS.MI"
X Link 2024-11-27T16:40Z [----] followers, [----] engagements

"Todays OFAC Iran-related sanctioned tankers. From our fleet database. #oott #tankers $FRO $DHT $INSW $ECO $TNK $TEN"
X Link 2025-03-20T16:23Z [----] followers, [----] engagements

"TD3C AG/China FFA update. Note what the BALMO and May contracts were saying on 28Apr and the shift lower since Friday. The market may be coming to grips with the demand dynamics that we have been discussing. #oott #tankers $FRO $DHT $INSW $ECO"
X Link 2025-05-08T09:21Z [----] followers, [----] engagements

"In our Weekly Product Tanker Report two weeks ago we suggested that how the LR market resolved the wide LR2/LR1 premium would set the tone for the market but that the collapse in TC17 AG/EAF would make closure from an LR1 spike difficult. Voil. #oott #tankers $ASC $STNG $TRMD $HAFN $DIS.MI https://twitter.com/i/web/status/1970416956562977061 https://twitter.com/i/web/status/1970416956562977061"
X Link 2025-09-23T09:16Z [----] followers, [----] engagements

"Panama bunker sales declined by 8.5% yoy in Nov from a robust [----] performance due to 3.6% fewer calls yoy and smaller stem sizes. The HSFO share of fuel oil sales is sliding below 27% for [----] after an outsized 32.2% share in [----]. #oott #tankers $ASC $STNG $TRMD $HAFN $DIS.MI $FRO $DHT $INSW $ECO $TNK $TEN https://twitter.com/i/web/status/2001585789398929887 https://twitter.com/i/web/status/2001585789398929887"
X Link 2025-12-18T09:30Z [----] followers, [---] engagements

"Updated oil rig and frac spread productivity charts in case you were wondering why LTO production hasn't rolled over. Yet. #oott #tankers $FRO $INSW $ECO $TNK $TEN"
X Link 2026-01-24T11:24Z [----] followers, [----] engagements

"TD3C AG/China FFA update. Spot erosion has continued but interestingly both the BALMO and Feb contracts have traded up to $100k/day. The BALMO can be volatile near end-month but this is notable. #oott #tankers $FRO $DHT $INSW $ECO $BWET"
X Link 2026-01-27T11:04Z [----] followers, [----] engagements

"TD3C AG/China FFA update. Spot declines continue and the BALMO has come back near spot with two trading days remaining. Feb contract remains near $95k/day providing a near-term contango. #oott #tankers $FRO $DHT $INSW $ECO $BWET"
X Link 2026-01-28T10:21Z [----] followers, [---] engagements

"TD25 USG/UKC update. What the FFA market has been saying about the spectacular TD25 spot surge during the past week. Will go out on a limb and suggest that maybe the market recognises the difference between temporary and sustainable Ax demand. #oott #tankers $FRO $INSW $TNK $TEN"
X Link 2026-01-28T10:30Z [----] followers, [----] engagements

"We just posted our latest Weekly Product Tanker Report on Substack (link in bio to access the full nine-page pdf). The Product Tanker Fundamentals page is below. #oott #tankers $ASC $STNG $TRMD $HAFN $DIS.MI"
X Link 2026-01-28T19:49Z [----] followers, [----] engagements

"VLSFO bunker prices rebounding from five-year lows tracking the recent jump in crude prices. #oott #tankers $FRO $DHT $INSW $ECO $TNK $TEN"
X Link 2026-01-29T08:52Z [----] followers, [---] engagements

"The Hi-5 spread (VLSFO-HSFO) still going nowhere which is odd considering the increase in OPEC AG crude production but the Dangote RFCC is down into Feb. #oott #tankers $FRO $DHT $INSW $ECO $TNK $TEN"
X Link 2026-01-29T09:00Z [----] followers, [---] engagements

"Singapore VLSFO futures curve has returned to backwardation while Rotterdam remains in contango. Lower Russian HSFO imports have forced an even steeper backwardation in the Singapore HSFO curve. #oott #tankers $FRO $DHT $INSW $ECO $TNK $TEN"
X Link 2026-01-29T09:50Z [----] followers, [---] engagements

"TD3C AG/China FFA update. Additional small losses in spot but the Feb/Mar contracts are making the near-term contango more emphatic. #oott #tankers $FRO $DHT $INSW $ECO $BWET"
X Link 2026-01-29T10:27Z [----] followers, [----] engagements

"TD3C AG/China FFA update. Tiny uptick in spot but the near-term contango steepened by $10k/day yesterday. #oott #tankers $FRO $DHT $INSW $ECO $BWET"
X Link 2026-01-30T11:55Z [----] followers, [---] engagements

"TD25 USG/UKC FFA update. Little change in the FFA curve aside from spot ticking lower. #oott #tankers $FRO $INSW $TNK $TEN"
X Link 2026-01-30T11:56Z [----] followers, [---] engagements

"Obviously need to repost this chart from last summer. Earnings levels are different due to the different starting point for this Iranian episode but same dynamic. #oott #tankers $FRO $DHT $INSW $ECO $BWET"
X Link 2026-01-30T17:26Z [----] followers, [----] engagements

"Friday's Baltic closes for TD3C FFAs: Feb26 [-----] [-----] mid -5.9% Mar26 [-----] [-----] mid -1.5% not +2.46% Apr26 [-----] [-----] mid +0.9% not +3.48% The daily changes on the FIS screens are problematic. Some recognise this. Others well #oott #tankers $FRO $DHT $INSW $ECO $BWET"
X Link 2026-02-02T13:12Z [----] followers, [---] engagements

"TD3C AG/China FFA update. What happens to spot when owners do not offer into AG cargoes and the supply curve shifts to the LEFT 🙄. The shape of the FFA curve reflects the sudden enthusiasm for Iran hedges. #oott #tankers $FRO $DHT $INSW $ECO $BWET"
X Link 2026-02-02T14:34Z [----] followers, [----] engagements

"TD3C AG/China FFA update. More of the same except for the higher convexity in the near-term backwardation. BALMO and Mar26 contracts declining versus spot rise. #oott #tankers $FRO $DHT $INSW $ECO $BWET"
X Link 2026-02-03T10:31Z [----] followers, [----] engagements

"TD25 USG/UKC FFA update. Also more of the same. #oott #tankers $FRO $INSW $TNK $TEN"
X Link 2026-02-03T10:32Z [----] followers, [---] engagements

"TD3C AG/China FFA update. Small downtick in spot and increasing convexity in the near-term backwardation. #oott #tankers $FRO $DHT $INSW $ECO $BWET"
X Link 2026-02-04T09:44Z [----] followers, [---] engagements

"TD25 USG/UKC FFA update. Spot downdraft as predicted by the FFAs for the past week or so. The market did recognise the difference between temporary (VEN crude storage release) and sustainable Ax demand. #oott #tankers $FRO $INSW $TNK $TEN"
X Link 2026-02-04T09:47Z [----] followers, [----] engagements

"TD3C AG/China FFA update. A bit less convexity. #oott #tankers $FRO $DHT $INSW $ECO $BWET"
X Link 2026-02-05T10:28Z [----] followers, [---] engagements

"TD25 USG/UKC FFA update. If spot continues to find support at these levels would not be surprised to see a small contango develop. #oott #tankers $FRO $INSW $TNK $TEN"
X Link 2026-02-05T10:28Z [----] followers, [----] engagements

"No FFA updates today; scrambling to finish a report. Also will be in London at IP Week (not IE) for a couple of days so no posting early next week. #oott #tankers"
X Link 2026-02-06T10:34Z [----] followers, [---] engagements

"🚨 NEW REPORT 🚨 We just posted our analysis on the impact of Venezuelan imports on the US Gulf refining system and coker throughput on Substack (link in bio). It's entitled "Dos Amigos" since there is more at work here than just Venezuelan flows. #oott $VLO $PBF $CHV $PSX #tankers $FRO $DHT $INSW $ECO $TNK $TEN https://twitter.com/i/web/status/2020762590826336641 https://twitter.com/i/web/status/2020762590826336641"
X Link 2026-02-09T07:32Z [----] followers, [----] engagements

"TD3C AG/China FFA update. The BALMO has been trading above spot for a couple of days giving rise to a near-term contango. #oott #tankers $FRO $DHT $INSW $ECO $BWET"
X Link 2026-02-12T10:54Z [----] followers, [----] engagements

"FFA Markets page from yesterday's Weekly Product Tanker Report posted to Substack (link in bio to access the full nine-page report). #oott #tankers $ASC $STNG $TRMD $HAFN $DIS.MI We just posted our latest Weekly Product Tanker Report on Substack (link in bio to access the full nine-page pdf). The Product Tanker Fundamentals page is below. #oott #tankers $ASC $STNG $TRMD $HAFN $DIS.MI https://t.co/ITv3nEB5ud We just posted our latest Weekly Product Tanker Report on Substack (link in bio to access the full nine-page pdf). The Product Tanker Fundamentals page is below. #oott #tankers $ASC $STNG"
X Link 2026-02-12T10:56Z [----] followers, [---] engagements

"Now back from IP Week so will post some charts from Monday's report on US Gulf refiners and Venezuelan crude imports. Primarily this is a story about improved coker utilisations and reduced imports of unfinished resid from higher Venezuelan intake. #oott $VLO $PBF $CHV $PSX #tankers $FRO $DHT $INSW $ECO $TNK $TEN https://twitter.com/i/web/status/2021916664866943074 https://twitter.com/i/web/status/2021916664866943074"
X Link 2026-02-12T11:57Z [----] followers, [---] engagements

"TD3C AG/China FFA update. Although the BALMO dropped by $3.6k/day yesterday the near-term contango is lingering. #oott #tankers $FRO $DHT $INSW $ECO $BWET"
X Link 2026-02-13T12:00Z [----] followers, [---] engagements

"Offsetting flows do matter and most of the 0.27% increase in global crude tonne-mile demand (over three years) is from higher PADD3 utilisations and imports. Lower unfinished resid imports would remove 0.1% from this. #oott #tankers $FRO $DHT $INSW $ECO $TNK $TEN"
X Link 2026-02-13T13:01Z [----] followers, [---] engagements

"The "Dos" part of the title relates to the remarkable collapse in Mexican crude exports as production continues to slide and as refining recovers. The IEA is forecasting that Mexico becomes a net crude importer by [----] but we have run some crude mass balance scenarios. #oott $VLO $PBF $CHV $PSX #tankers $FRO $DHT $INSW $ECO $TNK $TEN"
X Link 2026-02-12T12:00Z [----] followers, [----] engagements

"The Mexican export situation becomes acute as the Dos Bocas refinery continues to improve runs but this is a conservative forecast. Tula & Salina Cruz offer more utilisation upside on the potential completion of their coker installations. #oott $VLO $PBF $CHV $PSX #tankers $FRO $DHT $INSW $ECO $TNK $TEN The "Dos" part of the title relates to the remarkable collapse in Mexican crude exports as production continues to slide and as refining recovers. The IEA is forecasting that Mexico becomes a net crude importer by [----] but we have run some crude mass balance scenarios. #oott"
X Link 2026-02-12T12:04Z [----] followers, [----] engagements

"Coker capacity constraints should limit PADD3 Venezuelan crude imports to [---] kbpd assuming continued losses in Mexican crude exports to the region. Texas Gulf refiners would run the majority of VEN crude. #oott $VLO $PBF $CHV $PSX #tankers $FRO $DHT $INSW $ECO $TNK $TEN"
X Link 2026-02-13T09:59Z [----] followers, [---] engagements

"TD3C AG/China FFA update. Little change in the shape of the FFA curve during the week while spot has tracked the near-term contango that had developed. #oott #tankers $FRO $DHT $INSW $ECO $BWET"
X Link 2026-02-16T11:44Z [----] followers, [---] engagements

"From last week's PADD3/Venezuela report. Availability of lighter Venezuelan grades had kept import APIs near [--] deg but Chevron-licenced volumes of [--] deg Boscan has pinned APIs near [--] deg recently. Additional Merey-16 would actually lighten the Venezuela crude slate. #oott $VLO $PBF $CHV $PSX #tankers $FRO $DHT $INSW $ECO $TNK $TEN https://twitter.com/i/web/status/2023365536319525153 https://twitter.com/i/web/status/2023365536319525153"
X Link 2026-02-16T11:55Z [----] followers, [---] engagements

"Finally got fed up with the pivot table in the weekly Baker Hughes rig count file and did some Python coding on Saturday to get it into a dataframe and a proper database. Have been upgrading our US crude production models and US Gulf crude export forecasts. #oott #tankers $FRO $INSW $ECO $TNK $TEN"
X Link 2025-08-11T12:57Z [----] followers, [----] engagements

"The EIA went medieval on its WTI price forecast in today's STEO release. #oott #tankers $FRO $DHT $INSW $ECO $TNK $TEN"
X Link 2025-08-12T16:14Z [----] followers, 21.3K engagements

"We just posted our latest Weekly Product Tanker Report on t-h-a-t site (link in bio to access the full nine-page pdf). The Product Tanker Fundamentals page is below. #oott #tankers $ASC $STNG $TRMD $HAFN $DIS.MI"
X Link 2025-09-24T16:48Z [----] followers, [----] engagements

"We just posted our latest Weekly Product Tanker Report on the site-that-must-not-be-named (link in bio to access the full nine-page pdf). The Product Tanker Fundamentals page is below. #oott #tankers $ASC $STNG $TRMD $HAFN $DIS.MI"
X Link 2025-10-01T19:16Z [----] followers, [----] engagements

"Some confusing posts over the weekend about the Cass Freight Index which is at the lowest since the pandemic -- not the GFC -- but still a grim number. Curiously the index has become less correlated to US diesel demand over the past three years. #oott #tankers $ASC $STNG $TRMD $HAFN $DIS.MI https://twitter.com/i/web/status/1975118467255693542 https://twitter.com/i/web/status/1975118467255693542"
X Link 2025-10-06T08:38Z [----] followers, [----] engagements

"And yet LRs remain lacklustre at best. #oott #tankers $ASC $STNG $TRMD $HAFN $DIS.MI Diesel prices ease amid export surge West of Suez markets are facing record #diesel exports from Asian and Middle Eastern producers as low and stable East/West spreads encouraged #arbitrage flows. This greater supply is now applying pressure on West of Suez prices and cracks. https://t.co/u5XFTa7oWd Diesel prices ease amid export surge West of Suez markets are facing record #diesel exports from Asian and Middle Eastern producers as low and stable East/West spreads encouraged #arbitrage flows. This greater"
X Link 2025-10-08T10:54Z [----] followers, [----] engagements

"We just posted our latest Weekly Product Tanker Report on le site interdit (link in bio to access the full nine-page pdf). The Product Tanker Fundamentals page is below. #oott #tankers $ASC $STNG $TRMD $HAFN $DIS.MI"
X Link 2025-10-08T18:09Z [----] followers, [----] engagements

"The FFA markets page from last week's Weekly Product Tanker report. If you read it you would know that we have been discussing for weeks the coming winter seasonality for Atlantic MRs including their annual pre-Thanksgiving theatrics. #oott #tankers $ASC $STNG $TRMD $HAFN $DIS.MI https://twitter.com/i/web/status/1988190028497899944 https://twitter.com/i/web/status/1988190028497899944"
X Link 2025-11-11T10:20Z [----] followers, [----] engagements

"We just posted our latest Weekly Product Tanker Report on the verboten site (link in bio to access the full nine-page pdf). The Product Tanker Fundamentals page is below. #oott #tankers $ASC $STNG $TRMD $HAFN $DIS.MI"
X Link 2025-12-03T18:58Z [----] followers, [----] engagements

"🚨 US MONTHLY REPORT 🚨 We just posted our latest US Monthly Oil Market Report with September EIA data on t-h-a-t site (link in bio). It includes a granular 23-page analysis covering demand crude & refining trade inventories and inter-PADD movements. #oott #tankers $ASC $STNG $TRMD $HAFN $DIS.MI $FRO $DHT $INSW $ECO $TNK $TEN $VLO $PBF $PARR $PSX $MPC $DINO https://twitter.com/i/web/status/1997991752150429953 https://twitter.com/i/web/status/1997991752150429953"
X Link 2025-12-08T11:28Z [----] followers, [----] engagements

"Key Observations page from Monday's Monthly US Oil Market Report. Each month we highlight interesting elements in the recent monthly data. #oott #tankers $ASC $STNG $TRMD $HAFN $DIS.MI $FRO $DHT $INSW $ECO $TNK $TEN"
X Link 2025-12-11T11:29Z [----] followers, [---] engagements

"TC14 USG/UKC FFA update. As discussed in our Weekly Product Tanker Report for some time the market knows what happens to US Gulf refining in Jan/Feb. Pumpers hyperventilating over every green tick on a broker FFA screen not so much. #oott #tankers $ASC $STNG $TRMD $HAFN $DIS.MI"
X Link 2025-12-12T11:43Z [----] followers, [---] engagements

"Out of the [--] vessels sanctioned by OFAC yesterday for Iranian involvement here are the [--] vessels that are above [--] kdwt and not asphalt carriers. Includes one Afra and one Pana bringing average dwt to [----] kdwt. #oott #tankers $ASC $STNG $TRMD $HAFN $DIS.MI $FRO $DHT $INSW $ECO $TNK $TEN https://twitter.com/i/web/status/2001933382653989176 https://twitter.com/i/web/status/2001933382653989176"
X Link 2025-12-19T08:31Z [----] followers, [----] engagements

"The four vessels sanctioned by OFAC on Wednesday for Venezuelan involvement. The ROSALIND was already UK OFS sanctioned. #oott #tankers $ASC $STNG $TRMD $HAFN $DIS.MI $FRO $DHT $INSW $ECO $TNK $TEN"
X Link 2026-01-02T10:02Z [----] followers, [----] engagements

"TD3C AG/China FFA update. A burst in chartering volumes yesterday prompted a jump in spot TD3C maintaining FFA market enthusiasm. #oott #tankers $FRO $DHT $INSW $ECO $BWET"
X Link 2026-01-14T10:56Z [----] followers, [----] engagements

"TD3C AG/China FFA update. Spot to $120k/day but considerable market debate about this week's direction. #oott #tankers $FRO $DHT $INSW $ECO $BWET"
X Link 2026-01-19T10:48Z [----] followers, [----] engagements

"TD3C AG/China FFA update. Small downtick in spot convinced the FFA curve to come in a bit. The TD3C BALMO print is interesting in that both TD20 WAF/UKC and TD25 USG/UKC BALMOs are below spot. #oott #tankers $FRO $DHT $INSW $ECO $BWET"
X Link 2026-01-20T10:32Z [----] followers, [----] engagements

"TD3C AG/China FFA update. Another downtick in spot has prompted a parallel shift lower in the FFA curve from Feb onwards as the BALMO remains sticky. Note the price action in TD20 WAF/UKC. #oott #tankers $FRO $DHT $INSW $ECO $BWET"
X Link 2026-01-21T10:50Z [----] followers, [----] engagements

"TD20 WAF/UKC FFA update. The BALMO trading below spot was a hint as spot TD20 has reversed sharply hitting the BALMO/Feb/Mar contracts. #oott #tankers $FRO $INSW $ECO $TNK $TEN $BWET"
X Link 2026-01-21T10:52Z [----] followers, [----] engagements

"TD3C AG/China FFA update. An uptick in spot but interesting that the BALMO gave up much of its premium to spot as the rest of the curve moved higher. Even odder with the curve continuing its move today suggesting spot gains. #oott #tankers $FRO $DHT $INSW $ECO $BWET"
X Link 2026-01-22T10:02Z [----] followers, [----] engagements

"TD20 WAF/UKC FFA update. The spot down move continues but the FFA curve caught a bid yesterday almost on the same order of magnitude as TD3C. Probably in sympathy with the jump in TD25 USG/UKC. #oott #tankers $FRO $INSW $ECO $TNK $TEN $BWET"
X Link 2026-01-22T10:03Z [----] followers, [----] engagements

"TD3C AG/China FFA update. Another downtick in spot but the BALMO has now given up all of its premium to spot and now trades at a discount. #oott #tankers $FRO $DHT $INSW $ECO $BWET"
X Link 2026-01-23T10:55Z [----] followers, [----] engagements

"Updated rig count and frac spread count charts. #oott #tankers $FRO $INSW $ECO $TNK $TEN"
X Link 2026-01-24T10:57Z [----] followers, [---] engagements

"TD3C AG/China FFA update. Downdraft in spot but the BALMO remaining flat to spot. We'll see. #oott #tankers $FRO $DHT $INSW $ECO $BWET"
X Link 2026-01-26T11:18Z [----] followers, [----] engagements

"That's right 3-4 weeks of Ax/LR2 deliveries. If European refiners import their previous [---] kbpd of VEN crude then that requires [--] Suezmaxes or [--] weeks of [----] Sx deliveries. That excludes the offsetting flows of other heavy/sour crudes since European imports are flat. #oott #tankers $FRO $INSW $ECO $TNK $TEN https://twitter.com/i/web/status/2016126801773289829 https://twitter.com/i/web/status/2016126801773289829"
X Link 2026-01-27T12:31Z [----] followers, [----] engagements

"Errors galore in the weekly EIA data relative to the monthly series (not pristine either) but for gasoline these have switched violently from over-estimation to under-estimation. July will probably be over [---] mbpd. Note the summer [----] errors that helped cause this"
X Link 2022-08-04T12:43Z [----] followers, [--] engagements

"EIA conspiracy theories abating and @T_Mason_H provided an great overview of the EIA survey regime & the differences between the wholesale outflows of EIA product supplied (PS) & final retail demand. Still if mogas demand is near [---] mbpd how is PS off by so much"
X Link 2022-08-08T11:27Z [----] followers, [--] engagements

"The problem with this assessment of the OPEC+ cuts & the tanker commentary that you post is the sticky assumption that oil demand will grow [---] mbpd next year per the IEA latest. This is nonsense and with tomorrows IMF WEO release this is should start to change. #tankers"
X Link 2022-10-10T13:18Z [----] followers, [--] engagements

"This is the product tanker investment hypothesis in its entirety -- replacing Russian gasoil from further sources sending utilisations to 99% and earnings to $250k/day. By now it has become an unquestioned mantra in the market. One small problem #tankers $ASC $HAFNI $STNG"
X Link 2022-11-18T12:50Z [----] followers, [---] engagements

"About 85% of Chinese product exports remain in Asia mostly ASEAN. Chinese export cuts in 2021-22 led to the region sourcing from AG/WC India. Resumption of exports means replacing [---] kbpd of [----] nm barrels with [----] nm ones. Asia clean import TM demand declines. #tankers"
X Link 2023-01-03T15:49Z [----] followers, 26.5K engagements

"According to press reports strikes have closed four of France's six refineries for the moment. We have modelled the impact of [--] weeks of strikes at these four plus slow restarts as seen last Autumn. Utilisations hit 52% in March and runs collapse by [---] kbpd. #tankers"
X Link 2023-03-21T12:26Z [----] followers, [----] engagements

"This is how it is likely to happen. Clean rates will rise in 4q23 as they do (almost) every year. Pumpers will breathlessly post green arrows every day. Retail will once again take clean tanker equities to levels inconsistent with fundamentals declare victory. #tankers"
X Link 2023-07-17T13:05Z [----] followers, [----] engagements

"First of two SSt posts on clean tanker supply. This one covers the remarkable surge in clean ordering and the impact on deliveries and how popular narratives on yard capacity might not apply to clean. #oott #tankers $STNG $ASC $HAFNI Please see link in profile"
X Link 2023-09-26T09:51Z [----] followers, [----] engagements

"As for a pair of Iranian dark trade Aframaxes going to demolition at [----] years before their fifth special survey this has been the average demo age in stronger market environments. #oott #tankers $TNK $INSW $TNP"
X Link 2023-10-03T09:08Z [----] followers, [----] engagements

"Despite all of the 🚀 and 🔥 emojis clean earnings have only nudged higher on stronger LR rates offset by MR and Handy spike reversals. Sure earnings will move higher over the next six weeks but some perspective required. #oott #tankers $ASC $TRMD $HAFNI"
X Link 2023-10-16T11:27Z [----] followers, [----] engagements

"Was delayed in getting the second clean supply post out since my partner was in the hospital for two weeks. She is out now and recovering ok"
X Link 2023-10-26T11:40Z [----] followers, [----] engagements

"fwiw models say Red Sea equilibrium takes this avg to low-40s/day (vs low-30s pre-Houthi). LR1s are about there with potential further downside to LR2s (low-50s) & MRs (mid-30s). #oott #tankers $ASC $STNG $TRMD $HAFNI $DIS.MI"
X Link 2024-02-19T10:16Z [----] followers, [----] engagements

"Speaking of deeply-flawed research from brokers this is aging as well as last years $250k/day Russia forecast from Clarksons Securities. #oott #tankers $ASC $STNG $TRMD $HAFNI $DIS.MI"
X Link 2024-02-19T11:08Z [----] followers, [----] engagements

"Our latest SS post on the Red Sea impact on clean tanker demand. Including LR2s cleaning up the net utilisation increase is 2.3% which is consistent with avg clean earnings settling into a low-40s/day equilibrium. #oott #tankers $ASC $STNG $TRMD $HAFNI $DIS.MI"
X Link 2024-02-26T09:00Z [----] followers, [----] engagements

"If this does not remind you of Paretos famous [---] extra MRs for Russian diesel to Brazil narrative it should. It is just as intensely stupid. #oott #tankers $ASC $STNG $TRMD $HAFNI $DIS.MI #Hafnia sees Red Sea disruption adding demand for an extra [---] MR tankers #shipping #RedSea https://t.co/rcsjPCTvNt #Hafnia sees Red Sea disruption adding demand for an extra [---] MR tankers #shipping #RedSea https://t.co/rcsjPCTvNt"
X Link 2024-03-05T15:41Z [----] followers, [----] engagements

"One of the reasons that we got this right in Jan is that we recognised this as an OR problem. A similar 2-wk gap in ballaster arrivals to the AG as during Jan is occurring now from laden LRs that went COGH after [--] Jan airstrikes. #oott #tankers $ASC $STNG $TRMD $HAFNI $DIS.MI 🧵 to describe what is happening here An LR completing discharge in Rotterdam on [--] Jan when the US/UK airstrikes started had four days to make a ballasting decision near Gibraltar #oott #tankers $ASC $STNG $TRMD $HAFNI $DIS.MI https://t.co/5aoqrJ1NNB 🧵 to describe what is happening here An LR completing discharge in"
X Link 2024-03-12T11:19Z [----] followers, [----] engagements

"Sorry been finishing up a client project. Similar LR spike as discussed earlier. Weaker Afras creating wider spread this time. Not sure this will add to cleaned-up LR2s since most recognise this a short spike but will stay clean. #oott #tankers $ASC $STNG $TRMD $HAFNI $DIS.MI"
X Link 2024-03-19T09:58Z [----] followers, [----] engagements

"Table from our TMX report updated for Indian volumes. With [--] mbpd of CAN prodn committed to US refiners the obvious choice for filling the TMX is cutting USG re-exports. This would make TMX a net negative for crude TM demand. #oott #tankers $FRO $INSW $TNK Canadian re-exports of heavy #crudeoil from the Gulf Coast slowed in March. Preview of what's to come when TMX starts up https://t.co/EfZF2enZ4n https://t.co/tl57oJNGl1 Canadian re-exports of heavy #crudeoil from the Gulf Coast slowed in March. Preview of what's to come when TMX starts up https://t.co/EfZF2enZ4n https://t.co/tl57oJNGl1"
X Link 2024-05-08T09:00Z [----] followers, [----] engagements

"These vessels would represent a 2.5% jump in the clean operating fleet. Depending upon deployment & loading volumes this offsets half of the current Red Sea impact on dwt demand. #oott #tankers $ASC $STNG $TRMD $HAFN https://www.tradewindsnews.com/tankers/traders-press-on-with-curious-trend-of-cleaning-up-vlccs-for-product-cargoes/2-1-1662827 https://www.tradewindsnews.com/tankers/traders-press-on-with-curious-trend-of-cleaning-up-vlccs-for-product-cargoes/2-1-1662827"
X Link 2024-06-19T06:52Z [----] followers, [----] engagements

"If you are expecting $100k/day VL earnings then the fundamentals suggest something else. Of course anything is possible with triple-digit vols and sentiment but a shift in IND/CHN med/sour sourcing would add a maximum of 2.2% to dwt demand for the white/lt grey compliant fleet. With recent complaint dirty fleet utilisations in the mid-80s this suggests a $10k/day increase in VL earnings. Those $100k/day expectations would require a 9% jump in demand (1 btm). This is the maximum impact because this demand increase assumes the following: 1/ 100% sanctions compliance 2/ No improvement in the low"
X Link 2025-01-14T10:19Z [----] followers, [----] engagements

"We love seeing sell side [----] estimates for clean tanker stocks. They are absolutely hilarious and are a complete fantasy. This is why we say that the sell side will be boiling the retail frog slowly this year as they are forced to come to grips with the eroding S/D balances. #oott #tankers $ASC $STNG $TRMD $HAFN $DIS.MI"
X Link 2025-01-28T13:09Z [----] followers, [----] engagements

"Much of the problem with analysing the dark fleet is definitional. Most of what you see is the dark fleet being defined as any tanker that carried a naughty cargo during the past 2-3 years. Under this approach the dark fleet appears quite large as with this S&P Platts infographic. Take the [--] VLs and [--] Sx putatively in the Iranian trade. Even accounting for massive waiting time for STS operations payment delays and discharge delays this number of vessels could move over [--] mbpd of Iranian crude and condensate twice the observed volume of current exports. So this begs the question of just how"
X Link 2025-03-04T13:51Z [----] followers, [----] engagements

"Out of todays [---] UK OFS Russian sanctioned vessels [--] were below [--] kdwt and [--] were already OFAC sanctioned. Of the remaining 93: [--] VLCC [--] Sx [--] Ax [--] Px [--] MR [--] Hs Here is the list of Sx/VL from our fleet database. We did not update any of the names"
X Link 2025-05-09T13:54Z [----] followers, [----] engagements

"Our clean tanker demolition forecast based upon IMO number and survey dates. Remember the right chart any time Gibson or another broker blathers on about the percent of the fleet over [--] years old. It is a moronic metric for clean used for only one purpose. #oott #tankers $ASC $STNG $TRMD $HAFN $DIS.MI"
X Link 2025-06-03T10:07Z [----] followers, [----] engagements

"For VLs that departed Asia following the start of hostilities and have not fixed they have an important decision coming due. Over the next few days these vessels will be emerging from the Malacca Strait and will need to decide whether to bypass the AG entirely and ballast into the Atlantic. By choosing not to offer into AG cargoes they may have made that decision already. To the extent that owners go full herd mentality and ballast towards COGH en masse the Atlantic Basin would become over-tonnaged hitting VL Suezmax & Afra rates there while AG rates remain elevated. It would take 1-2 months"
X Link 2025-06-23T07:21Z [----] followers, [----] engagements

"The FFA markets page from yesterday's Weekly Product Tanker report. Again a consistent theme on the coming winter seasonality for Atlantic MRs including their annual pre-Thanksgiving antics. #oott #tankers $ASC $STNG $TRMD $HAFN $DIS.MI"
X Link 2025-11-13T11:35Z [----] followers, [---] engagements

"Also the Short-term Outlook page from yesterday's Weekly Product Tanker report (link in bio). We have been constructive for weeks but need to remain balanced in our assessments. #oott #tankers $ASC $STNG $TRMD $HAFN $DIS.MI"
X Link 2025-11-13T11:41Z [----] followers, [---] engagements

"Key Observations page from yesterday's European Monthly Oil Market Report. Each month we highlight interesting elements in the recent monthly data. #oott #tankers $ASC $STNG $TRMD $HAFN $DIS.MI $FRO $DHT $INSW $ECO $TNK $TEN"
X Link 2025-11-14T11:13Z [----] followers, [---] engagements

"The FFA markets page from yesterday's Weekly Product Tanker report. As we said TC2 UKC/USAC surged in one of the most-telegraphed moves of the year in keeping with FFAs and its annual pre-Thanksgiving drama. Cue stupid memes. #oott #tankers $ASC $STNG $TRMD $HAFN $DIS.MI"
X Link 2025-11-20T10:41Z [----] followers, [---] engagements

"Key Observations page from Friday's Monthly US Oil Market Report. Each month we highlight interesting elements in the recent monthly data. #oott #tankers $ASC $STNG $TRMD $HAFN $DIS.MI $FRO $DHT $INSW $ECO $TNK $TEN"
X Link 2025-11-24T09:47Z [----] followers, [----] engagements

"No Weekly Product Tanker Report today. Attending to some family medical things today. Will try tomorrow. Meanwhile last week's Short-term Outlook page was generally on target especially the LR1 move. #oott #tankers $ASC $STNG $TRMD $HAFN $DIS.MI"
X Link 2025-11-26T06:10Z [----] followers, [----] engagements

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