Tanker News Update 9/12/20

*MEG Eases her Tensions*   This year has seen numerous ‘events’ between the U.S. and Iran regarding tankers and Venezuelan oil. With tensions between all a rollercoaster journey, you could say it’s been an ‘interesting’ year for geopolitics in the Middle Eastern Gulf.   Within just the last few months we have seen various displays …

DCE pauses for a break after recent rally

Iron ore futures remained steady, after a slow start at the opening session, but only to see more upticks at the afternoon session toward the close. Thus, the most-traded iron ore for January 2021 delivery on China’s Dalian Commodity Exchange closed flat at RMB 918.50/mt on Wednesday, after a choppy trading session. The steel rebar …