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June 18, 2021
Tankers Rates improved this week because the tonnage list looking somewhat healthier than before. In the short term, there will most likely be challenging rates, but we take into account that oil demands now are rising in Europe and in the US due to higher speeds in vaccination programs. Aframax – 12 month TC: $16,000 pr....
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Tankers Rates continue to fall and soon seem to reach their lowest level so far. In addition, more activity is expected within the next few weeks. In total, 5.4m dwt has been scrapped so far. This is an increase of 271% compared to the same period in 2020. The scrapping activity is driven by an...
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