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News

EMF Weekly 47

Tankers The tanker market strengthened further last week and we saw the average spot rates surpass $50,000 again after being below the 20s in the wake of October. Thanksgiving is...
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EMF Weekly 46

Tankers The tanker market picked up significantly last week, especially in the Aframax segment. Aframax got a push from the weather gods, where poor weather conditions in the Mediterranean contributed...
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EMF Weekly 45

Tankers The tanker market fell last week, and we saw a decrease of approximately (+/-) 25% in all major tankers. The market was driven by a temporary high supply of...
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EMF Weekly 44

Tankers The tanker rates fell a little further last week. This is mainly because there has been less activity in the Baltic Sea and the Black Sea. We can certainly...
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EMF Weekly 43

Tankers After a couple of weeks of huge earnings for supertankers, the levels have dropped. Although earnings have fallen, the tanker market is still strong. We note that the United...
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EMF Weekly 42

Tankers The tanker market saw a bit of a cooling last week, with VLCC rates falling 69% and Suezmax 34% respectively. We also saw that several of the $ 300k...
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EMF Weekly 41

Tankers The tanker market continues to strengthen significantly. Last week, spot rates in Aframax rose another 15%, VLCC increased 260% and Suezmax was up 133%. We expect the Aframax segment...
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EMF Weekly 40

Tankers The tanker market has taken off in recent weeks, last week the spot rates in Aframax increased by 56%, VLCC increased by 71% and Suezmax was up 172%. The...
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EMF Weekly 39

Tankers We saw a significant rise in rates last week. VLCC’s rates surged by 43%. Aframax saw a earnings growth of 56%, delivering an average rate of $ 32,885 per...
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