EMF Weekly 38

9 months ago

Tankers

The rates are still stable at high levels in the crude oil tank. VLCC rates continue to be pushed upwards, as the desire to own this type of ship increases. The same trend spills over to Suezmax, while Aframax stays around last week’s levels. The Aframax segment is expected to improve next week, as the market wants replacement cargo for what is now not going out of Russia.

$ /day
$ 0 /day

Aframax, 12 months TC

$ 0 /day

Aframax, Average spot

Tankers
Aframax, 12 months TC
Aframax, Average spot

Dry Bulk

The Capesize segment saw positive ripple effects this week, following cyclone disruption in East Asia at the end of last week. The Panamax segment maintains the momentum from last week, where increased exports of grain in the Atlantic contribute to increased rates. Panamax demand in the Pacific remains slightly calmer this week, as charterers and tonnage owners experience disagreements.

$ /day
$ 0 /day

Capesize, 12 months TC

$ 0 /day

Kamsramax, 12 months TC

Tankers
Capesize, 12 months TC
Kamsarmax, 12 months TC

car carrier

S&P

Tanker

Very little activity this week.

Dry Bulk

Very little activity this week.

Tankers

Indicative TC (1 year)
Type Tons Week 37 Week 32 + /-
VLCC 300t. $ 42.500 $ 39.500 8 %
Suemax 180t. $ 38.000 $ 38.000 0 %
Aframax 120t. $ 37.500 $ 37.500 0 %
MR 80t. $ 27.500 $ 25.500 8 %
Indicative Values
Type Resale 5y 10y 15y
VLCC 116.00 88.00 64.00 47.00
Suemax 82.00 62.00 45.00 28.00
Aframax 72.00 57.00 42.00 20.50
MR 56.50 44.00 30.00 17.00

Dry Bulk

Indicative TC (1 year)
Type Tons Week 37 Week 32 + /-
Capesize 180t. $ 15.250 $ 14.750 3 %
Panamax 76t. $ 14.625 $ 14.875 -2 %
Supramax 55t. $ 14.750 $ 14.250 4 %
Handysize 30t. $ 15.500 $ 15.500 0 %
Indicative Values
Type Resale 5y 10y 15y
Capesize 57.00 47.50 30.00 18.30
Panamax 37.00 31.00 22.00 16.00
Supramax 36.50 39.50 21.00 15.50
Handysize 30.50 26.50 18.00 8

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