Tankers: As expected, earnings remain low in the tanker market during the day. Activity is relatively slow during the day, with production cuts contributing to further pressure on rates. Global...Read More
Tankers: Earnings in the tanker market continue to decline. VLCC is the only segment that has managed to keep rates above cost levels. In the smaller segments, the rates are...Read More
Tankers: Further falls in rates are recorded, where earnings in Aframax are at their lowest level in about 1 year. The VLCC segment stays strong with rates above 2 times...Read More
Tankers: VLCC rates have remained stable due to the relatively tight tonnage list as several tankers have gone on floating stock contracts. The activity has been relatively high, with reference...Read More
Tankers: There has been good activity in the VLCC market this week, where the rates have increased significantly as a result of high demand from China where large parts of...Read More
Tankers: As expected, rates have fallen further as the market has become aware of the production cuts from OPEC, which has resulted in particularly little activity from the Hormuz Strait....Read More
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
