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The rates fall marginally over the large tanker segments. In general, it has been very calm this week, where tenants have met little opposition from shipowners in terms of negotiating rates. Aframax is characterized by floating stock pulls as well as lower export volumes from large oil nations such as Libya, where export activity was only open for a week before it was declared force majeure again. However, there are some routes that show promising tendencies towards increasing optimism among shipowners going forward.

Aframax – 12 month TC: $19,750 pr. day
Aframax – Average spot market rate: $10,586 pr. day

Dry Bulk:

The capesize segment is showing strong momentum during the day, where we expect further growth as a result of strong demand and exports of iron ore from Brazil and Australia. In the Panamax segment, earnings remain stable at the same levels as in previous weeks, rates seem to have found the “floor” if fresh demand occurs towards next week.

Capesize 12 month TC: $18,250
Kamsarmax 12 month TC: $12,525



There have been some transactions in the MR segment, but in the main tanker market, it has been relatively calm.


Some activity, but no transactions of interest.