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October 26, 2020
Tankers: Aframax rates remained relatively stable over the past week. Positive signals from Libya have given new optimism in the market for the coming weeks. VLCC rates rose slightly, but despite good news at the beginning of last week, the result was moderate. We are still sitting and waiting for the upswing that historically comes...
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Tankers: The Aframax segment rates declined further. The other two vessel classes had a somewhat smaller decline in earnings. Earnings in the market are challenging for the previously mentioned reasons (stock construction earlier this year), as well as the oil from Libya has the effect of affecting the market as hoped. There is still some...
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