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...Read More
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...Read More
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...Read More
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...Read More
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...Read More
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...Read More
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...Read More
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...Read More
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...Read More
