Tankers: Earnings in the tanker market continue to fall. VLCC is the only segment that has managed to keep rates above cost levels. In the smaller segments, rates are weak....Read More
Tankers: Further falls in rates are registered, where earnings in Aframax are at their lowest level in about 1 year. The VLCC segment remains stable strongly with rates above 2...Read More
Tankers: VLCC rates have remained stably solid as a result of a relatively tight tonnage list as several tankers have entered into floating stock contracts. Activity has been relatively high...Read More
Tankers: There has been good activity in the VLCC market this week, where rates have risen markedly as a result of strong demand from China, where large parts of the...Read More
Tankers: As expected, rates have fallen further, as the market has felt the production cuts from OPEC, which has resulted in particularly little activity from the Hormuz Strait. In the...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
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
