MARKET NEWS

EMF Weekly 33

2 years ago

TankerS

The rates continue the good momentum in the VLCC segment as a result of shorter tonnage lists. The fundamentals show slow but sure strengthening, with increasing volumes and activity down the line, where VLCC owners are finally in a leading position. Suez and Afra are at steady levels compared to last week.

$ 0 /day

Aframax ECO, 12 months TC

$ 0 /day

Aframax, Average spot

$ 0 /day

Suezmax ECO, 12 months TC

$ 0 /day

Suezmax, Average spot

Source: Clarksons Research

Dry Bulk

The weak momentum in dry cargo continues, although activity in Capesize in particular has picked up as a result of mines in Western Australia returning to the market. We are on our way into a stronger season beyond the harvest, where the reopening of China is expected to drive rates up again.

$ 0 /day

Capesize, 12 months TC

$ 0 /day

Kamsarmax, 12 months TC

Source: Clarksons Research

car carrier

$ 0 /day

5000 CEU – 12 months TC

$ 0 /day

6500 CEU – 12 months  TC

Source: Clarksons Research

Tankers

Indicative TC (1 year)
Type Tons Week 31 Week 30 + /-
VLCC 300t. $ 33.500 $ 33.500 0 %
Suemax 180t. $ 31.000 $ 31.000 0 %
Aframax 120t. $ 28.000 $ 28.000 0 %
MR 80t. $ 28.500 $ 28.500 0 %
Indicative Values
Type Resale 5y 10y
VLCC 109.00 84.00 58.00 41.00
Suemax 79.00 59.00 42.50 25.00
Aframax 68.00 53.00 37.50 18.50
MR 53.50 41.00 27.00 15.00

Dry Bulk

Indicative TC (1 year)
Type Tons Week 31 Week 30 + /-
Capesize 180t. $ 16.625 $ 18.750 -11.3 %
Panamax 76t. $ 16.075 $ 16.750 -4 %
Supramax 55t. $ 16.250 $ 15.875 2.4 %
Handysize 30t. $ 17.063 $ 17.625 -3.2 %
Indicative Values
Type Resale 5y 10y
Capesize 62.50 53.00 35.00 22.50
Panamax 42.50 36.00 26.50 18.50
Supramax 40.50 33.00 23.50 18.50
Handysize 32.50 28.50 20.00 14.50

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