Menu
The rates in the large tankers segment have fallen marginally going into the new year. There has been fair activity out of the Middle East, but contrarily very quiet in the West. This combined with a relatively long tonnage list is the reason for the fall. Short term it looks like the trend will continue for the next couple of weeks. An X-factor in the market in the near future will be if the US and Iran gets a nuclear deal in place.
Aframax ECO, 12 months TC
Aframax, Average spot
Suezmax ECO, 12 months TC
Suezmax, Average spot
Source: Clarksons Research
Medium size dry bulk tanks have gained a boost at the new year, Capesize grows marginally though the smallest classes have fallen back a bit. The rates in Panamax have risen by about 12% compared to the week before. Regarding the latest contracts in the paper market, it appears to be a strong market in the near future.
Capesize, 12 months TC
Kamsarmax, 12 months TC
Source: Clarksons Research
5000 CEU – 12 months TC
6500 CEU – 12 months TC
Source: Clarksons Research
| Type | Tons | Week 47 | Week 48 | + /- |
|---|---|---|---|---|
| VLCC | 300t. | $ 28000 | $ 28000 | 0 % |
| Suemax | 180t. | $ 18500 | $ 18500 | 0 % |
| Aframax | 120t. | $ 20000 | $ 20000 | 0 % |
| MR | 80t. | $ 12750 | $ 12750 | 0 % |
| Type | Resale | 5y | 10y | |
|---|---|---|---|---|
| VLCC | 99.00 | 70.00 | 46.00 | 33.00 |
| Suemax | 69.00 | 47.00 | 31.00 | 19.00 |
| Aframax | 59.00 | 41.00 | 27.00 | 17.50 |
| MR | 43.00 | 31.00 | 20.00 | 12.50 |
| Type | Tons | Week 47 | Week 48 | + /- |
|---|---|---|---|---|
| Capesize | 180t. | $ 27625 | $ 24500 | 12.7 % |
| Panamax | 76t. | $ 22625 | $ 18500 | 22.3 % |
| Supramax | 55t. | $ 23.750 | $ 20.750 | 14.4 % |
| Handysize | 30t. | $ 24.125 | $ 21.750 | 11 % |
| Type | Resale | 5y | 10y | |
|---|---|---|---|---|
| Capesize | 59.50 | 47.00 | 33.00 | 21.00 |
| Panamax | 40.00 | 32.00 | 23.50 | 16.80 |
| Supramax | 37.00 | 30.00 | 21.00 | 15.80 |
| Handysize | 30.00 | 25.50 | 17.00 | 10.50 |
Choose your language below
Haakon VII’s gate 1,
0161 Oslo
By using this website and associated sub-domains, you consent to European Maritime Finance using cookies. This website does actively use cookies for tracking users.
Read our Privacy Policy here.