Tankers: The good trend Aframax rates have shown over the last two weeks continues. Average earnings are up another 15%. However, we expect further volatility, as it may appear that...Read More
Tankers: It was a good week for the Aframax segment last week. Rates were up 166%. The tanker market generally picked up in Europe, although figures indicate the busiest week...Read More
Tankers: Spot rates in the Aframax segment rose 12% w-o-w. The rates in the other segments are relatively stable. 12 month T/C contracts stay on site. But, in the tanker...Read More
Tankers: There has been little activity to report on in tanks in week 5 across all major tank segments. The rates are slightly dropping. It is worth noting that more...Read More
Tankers: The market continues to increase for both the Suez and Aframax ships last week. The VLCCs began to relieve pressure on the Suezmaxes on some of the trades, but...Read More
Tankers: There was some positive news last week. Suezmax rates rose sharply on increased activity. But it is expected that VLCC vessels can quickly “steal” much of the increased activity...Read More
Tankers: The challenging spot market continues in large tanks. Saudi Arabia’s decision to cut 1 million barrels a day through February and March will cause spot rates to remain relatively...Read More
Tankers: It has relatively been a calm start to the new year in the tanker market. In general, there is an oversupply of tonnage which means that the spot market...Read More
Tankers: The Aframax segment rose sharply in the past week, while the other two segments remained at +/- 10% for VLCC and Suezmax respectively. We notice that several ships were...Read More
