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Tankers: It has been a busy week among the large tank segments compared to last week. In Aframax, the tonnage lists were tighter than usual with an average rate above $13k per day. These trends are the best that have been registered in a while. Our focus is on the OPEC+ meeting on the 1st...
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Tankers Rates improved slightly last week, but earnings are still challenging in terms of fuel. Given the information we receive from the market, this is very good news. Among others, a 2-year + 1year lease has been signed for a 2016-built Aframax for $23k/$27,5k, which is an extremely strong lease and a good indicator of...
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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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