Tankers: The tanker market offers lucrative earnings for the exposed. The week that went by was very similar to the week before. The tanker market is in a situation in...Read More
Tankers: The rates continue to decline in the major tank segments, but seem to have ”hit rock bottom” as the situation is now. It is important to note that prices...Read More
Tankers: The rates generally fell over all the large tank segments. This is due to relatively little cargo that had to be shipped compared to week 17 and that the...Read More
Tankers: As expected, the rates got a real boost last week. Average earnings in the Aframax segment increased by 135% compared to the previous week. The Contango curve looks very...Read More
Tankers: It has been an eventful week in the tanker market. The OPEC+ meeting last week resulted in a total production cut of $9.7m barrels for May and June, with...Read More
Tankers: The rates are once again increasing for the large tank segments. However, we see that several tankers that are attached to long trades will return to the spot market...Read More
Tankers: The rock solid tank market continues the positive trend. The rates are both three and four times the cash breakeven in all major tank segments and generated huge cash...Read More
Tankers: It has been a much quieter week than the record rates we saw the week before in the VLCC and Suezmax segment. The rates from the Arabian Gulf to...Read More
Tankers: We have had an adventurous week in the tanker market. After the Russia refused to participate in further cuts, the oil and tanker market has been turned on it’s...Read More
