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Tankers: The rates improve again w-o-w by approx. 50 % in the VLCC segment while the Aframax segment remained in place. We notice the flare-up of infected people in India and are following on the situation closely. Earnings are still volatile, and with the increasing values in steel, it makes the ideal conditions for a...
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Tankers: The rates improve slightly w-o-w with a 27% increase in the VLCC market and 34% increase in the Aframax market w-o-w. An increase in activity was expected, but volumes were delayed. The traffic in the Baltic Sea was calm in the beginning of the week, but an increase is expected with the activity picking...
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Tankers: Last week’s negative rates in the Aframax segment continue. This is caused by a lot of tonnage in the Baltics and on the UK Continental Shelf (UKCS). The oversupply of tonnage in this area is expected to continue through April. Furthermore, we expect the activity at the beginning of May to increase. In the...
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Tankers: The market took a step back in the past week. We expect a slight decline at the beginning of next week as well. This is a part of the volatility that we expected for this half-year, where the emptying of oil stocks and vaccination are the stories that characterize the market. The advantage of...
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