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Aaron Mata

Broker – Coasters, Petrochemicals

Department: LPG, Ammonia & Petrochemical Gases
Location: Singapore
Adam Knubley

Adam Knubley

Head of IT

Department: IT
Location: London

Adelene Low

Dry Cargo Operator

Department: Dry Cargo Capesize Ops
Location: Singapore
Afico Lee

Afico Lee

Broker

Department: LPG Product Broking
Location: Singapore

Alastair Fowler

Sectional Director – VLGC

Department: LPG, Ammonia & Petrochemical Gases
Location: London
Tel: +44 (0) 20 7667 1195

Alex Piccolo

Broker

Department: Dry Cargo Capesize
Location: Australia
Tel: +61 427 426 384
Alex Ward

Alex Ward

Broker – Coasters, Petrochemicals

Department: LPG, Ammonia & Petrochemical Gases
Location: London
Tel: +44 (0) 20 7667 1160

Alice Luo

Broker

Department: Crude Tankers
Location: Singapore
Allan James

Allan James

Broker Assistant

Department: Crude Tankers
Location: London
Tel: +44 (0) 20 7667 1056

Alvin Yin

Broker – Coasters, Petrochemicals

Department: LPG, Ammonia & Petrochemical Gases
Location: Singapore
Alyssa Turner

Alyssa Turner

Marketing Manager

Department: Broker Support
Location: London

Amanda Poh

Broker

Department: Specialised
Location: Singapore
Andrew Lawson

Andrew Lawson

Broker

Department: Specialised
Location: London
Andy Roberts

Andy Roberts

Operations Manager

Department: Tanker Ops
Location: London
Angela Fang

Angela Fang

Broker

Department: Crude Tankers
Location: London
Tel: +44 (0) 20 7667 1129
Angela Forrest

Angela Forrest

Accounts Assistant

Department: Accounts
Location: London
Tel: +44 (0) 20 7667 1190

Anna Lim

Finance Manger

Department: Accounts
Location: Singapore

Annabelle Vernon

Broker

Department: Projects & Time Charter
Location: London
Tel: +44 (0) 20 7667 1231

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Tanker Market Report 06.06.25

Refinery developments

Total global refining capacity has been in an upwards trend for a long time, and years with declines are rare, barring those caused by overarching events such as the COVID pandemic. It is possible that this trend will soon change. Refinery closures are accelerating in the Atlantic Basin, driven by lower margins largely caused by structural demand developments. In recent months, global refining margins have been surprisingly strong, though maintenance activity and the closure of refineries are partly responsible. East of Suez, refining capacity is still growing, though at a slower pace than in previous years, whilst some capacity rationalisation is also prevalent in China.

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