Tankers: Tanker rates remained at a standstill for the two largest classes, VLCC and Suezmax. For Aframax, rates rose 30% to an average of $30,103 last week. This shows us,...Read More
Since 2009, the tanker market has for a significant time been broken, earnings have been weak and the upswings that have been talked about have not had a solid foundation....Read More
Tankers: The tanker market has really started to notice the effects of external factors that have affected the market at the same time. Trade in China has seen a solid...Read More
Tankers: The tanker market continues to fall in rates across all major tanker segments. Aframax rates fell by 54%, mainly as a result of Libya cutting oil exports and cancellation...Read More
Tankers: Both VLCC and Suezmax segment earnings dropped somewhat last week. Aframax remains virtually unchanged, with a slight positive rate change. We note that the transactions in the secondary market...Read More
Tankers: The tank rates dropped slightly last week, especially the VLCC rates. This was mainly because charters focused more on the trades that were signed and put new endings on...Read More
Tankers: The tanker market has experienced a great start to 2020 with daily rates in the Aframax segment averaging $62.123. The effect from the IMO2020 regulations is significant as vessels...Read More
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
