Tankers: The challenging spot market continues in large tanks. Saudi Arabia’s decision to cut 1 million barrels a day through February and March will cause spot rates to remain relatively...Read More
Tankers: It has relatively been a calm start to the new year in the tanker market. In general, there is an oversupply of tonnage which means that the spot market...Read More
Tankers: The Aframax segment rose sharply in the past week, while the other two segments remained at +/- 10% for VLCC and Suezmax respectively. We notice that several ships were...Read More
Tankers: It was a comparable role week in the tanker market last week, which made the spot market for the Aframax segment fall back well. The next few weeks, however,...Read More
Tankers: Rates continue to rise in the tanker market. The Aframax and Suezmax somewhat declined, but VLCC rises about 50%. This seen in light of OPEC+ the agreement to open...Read More
Tankers: Rates continue to rise in the Aframax segment, with an increase of just under 20% from the past week. We notice once again that figures from the USA are...Read More
Tankers: Rates continue to rise in the Aframax segment, with a further increase of about 30% last week. Figures from the USA are helping to uplift the market considerably, a...Read More
Tankers: Rates rose by almost 30% in the Aframax and Suezmax segment last week. We finally see that oil exports from Libya are starting to yield results in earnings. US...Read More
Tankers: The Suezmax segment had an upturn last week, while the VLCC and the Aframax segments fell. This is current state of the tanker market. There is a temporary oversupply...Read More