Tankers The tanker market has been through a fantastic December month, with the Christmas week giving the Aframax segment average earnings of $73,110 per day. During the New Year’s week,...Read More
Tankers The tank rates for VLCC and Suezmax remain relatively stable, while the Aframax rates take a 22% upward leap from the previous week. The main reason for this is...Read More
Tankers The rates in the tanker market continue the solid trend. The average rate in Aframax had a marginal increase of 5%, with last week’s average of $ 55,098. We...Read More
Tankers The tanker market remains seasonally strong. The Aframax segment saw a solid week with average rates of $52,502 per day. The past few weeks confirm the strong sentiment in...Read More
Tankers The tanker market strengthened further last week and we saw the average spot rates surpass $50,000 again after being below the 20s in the wake of October. Thanksgiving is...Read More
Tankers The tanker market picked up significantly last week, especially in the Aframax segment. Aframax got a push from the weather gods, where poor weather conditions in the Mediterranean contributed...Read More
Tankers The tanker market fell last week, and we saw a decrease of approximately (+/-) 25% in all major tankers. The market was driven by a temporary high supply of...Read More
Tankers The tanker rates fell a little further last week. This is mainly because there has been less activity in the Baltic Sea and the Black Sea. We can certainly...Read More
Tankers After a couple of weeks of huge earnings for supertankers, the levels have dropped. Although earnings have fallen, the tanker market is still strong. We note that the United...Read More
