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March 12, 2021
Tankers: Aframax rates are experiencing a minor decline in spot rates from the previous week. This is mainly due to the fact that charters have gained more control in the Black Sea as a result of minor delays in the Bosphorus Strait through Turkey. The strongest rates are found in the area around the Caribbean...
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Tankers: The good trend Aframax rates have shown over the last two weeks continues. Average earnings are up another 15%. However, we expect further volatility, as it may appear that rates have peaked in the short term. Regardless, this trend is good news for an otherwise slow start to 2021. Aframax – 12 month TC: $14,500...
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Tankers: It was a good week for the Aframax segment last week. Rates were up 166%. The tanker market generally picked up in Europe, although figures indicate the busiest week in a long time. Although these are figures which are not expect to persist and that there are still some challenging days of sailing this...
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