Tankers: It was a very quiet week across the segments. The Aframax rates seem to have bottomed out, and activity as early as next week appears to be significantly better....Read More
Tankers: It has been a very quiet week for the tanker market once again. The good news is that as we cross into September, the historically weak Q3 will soon...Read More
Tankers: The rates are “soft” across the supertanker segments. Refineries across the globe are now in the process of their maintenance period, which is expected to be completed within the...Read More
Tankers: In the Aframax segment, the week started with significantly higher activity than what we have seen recently. The balance of power seems to be gradually shift, and it seems...Read More
Tankers: Week 33 has been a relatively steady and calm week in the tanker market. Earnings remain at roughly the same levels as last week. In the Aframax segment, shipowners...Read More
Tankers: The rates fall marginally over the large tanker segments. In general, it has been very calm this week, where tenants have met little opposition from shipowners in terms of...Read More
Tankers: Rates are rising marginally this week, however, the tonnage list has still been longer than what the activity has been. It is also registered that Libya has resumed oil...Read More
Tankers: As expected, earnings remain low in the tanker market during the day. Activity is relatively weak during the day, with production cuts contributing to further pressure on rates. In...Read More
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