MARKET NEWS

EMF Weekly 49

2 years ago

TankerS

Suezmax and Aframax continue the good trend with stronger rates. VLCC rates are remarkably high compared to Suez and Afra. Stabilization is expected in the coming weeks due to the Christmas holidays in the West. The FFA contracts are a positive indicator for the three large tank segments, looking at the market for 2022. We are watching a market that seems to be picking up. Last week, some ships in the Aframax spot were subscribed for almost $30.000 dollars per. day.

$ 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

Rates remain on similar levels as last week. Although the demand is strong and the tonnage list is relatively tight, we are currently moving towards Q1, which indicates a seasonal fall in earnings.

$ 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 49 Week 46 + /-
VLCC 300t. $ 28000 $ 28000 0 %
Suemax 180t. $ 18500 $ 18500 0 %
Aframax 120t. $ 20000 $ 20000 0 %
MR 80t. $ 12750 $ 12750 0 %
Indicative Values
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

Dry Bulk

Indicative TC (1 year)
Type Tons Week 49 Week 46 + /-
Capesize 180t. $ 27625 $ 24500 12.7 %
Panamax 76t. $ 22625 $ 18500 22.3 %
Supramax 55t. $ 23750 $ 20750 14.4 %
Handysize 30t. $ 24125 $ 21750 11 %
Indicative Values
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

Subscribe to our weekly market report

Choose your language below

European Maritime Finance A/S

AIFM-licensed

European Maritime Finance A/S has an AIFM (Alternative Investment Fund Managers) licence and is regulated by the Danish Financial Supervisory Authority.

REG 23327

Our offices

Denmark (HQ)

Kongens Nytorv 22,
1050 Copenhagen

+45 55 55 70 00
info@maritimefinance.dk

CVR 39635631

Switzerland
Rue du lion d’Or 6,
1003 Lausanne

+41 21 588 04 89 contact@maritimefinance.ch
Switzerland
Gotthardstrasse 26,
6300 Zug

+41 41 5888 18 56 contact@maritimefinance.ch
Norway

Haakon VII’s gate 1,

0161 Oslo

European Maritime Finance - Bran Identity - Logo

Cookies

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.