MARKET NEWS

EMF Weekly 37

2 years ago

TankerS

The rates remain stable at high levels with crude tankers. The VLCC’s in particular have had a positive week with increased activity and earnings. Calmer week for Suezmax and aframax. Averages in the spot market have decreased somewhat for aframax, but 12-month leases have increased in the 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

Very volatile market recently. Capesize in particular experiences large fluctuations, where the rates have strengthened somewhat. A more positive week in the panamax sector, where increased exports of grain in the Atlantic have been the key driver for increased rates. Capesize has seen a minimal gain with rates around OPEX in several regions.

$ 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 36 Week 35 + /-
VLCC 300t. $ 39.500 $ 40.500 -2 %
Suemax 180t. $ 38.000 $ 32.250 18 %
Aframax 120t. $ 37.500 $ 31.500 19 %
MR 80t. $ 25.500 $ 26.500 -4 %
Indicative Values
Type Resale 5y 10y
VLCC 114.00 87.00 62.00 44.00
Suemax 80.00 60.00 43.50 25.00
Aframax 70.00 55.00 40.00 18.50
MR 55.00 42.50 28.00 15.00

Dry Bulk

Indicative TC (1 year)
Type Tons Week 36 Week 35 + /-
Capesize 180t. $ 14.750 $ 14.125 4 %
Panamax 76t. $ 14.875 $ 13.750 8 %
Supramax 55t. $ 14.250 $ 14.000 2 %
Handysize 30t. $ 15.500 $ 15.000 3 %
Indicative Values
Type Resale 5y 10y
Capesize 58.00 49.50 31.00 19.80
Panamax 38.00 32.00 23.50 16.00
Supramax 37.00 30.00 21.50 16.50
Handysize 31.00 27.00 18.50 11.50

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