The Baltic Briefing has released the tanker report of week 24 of this year, 2019. The report dated 14th June, 2019 clearly articulates the freight rates and the market scenario of this week pertaining to tanker activities. Here’s an excerpt from that report.
VLCC- Rates remain unmoved this week, with 270,000mt Middle East Gulf to China at WS 38 and Middle East Gulf to US Gulf discharge still being assessed for 280,000mt at WS 17-18 level basis Cape to Cape.
- As a result of Thursday morning’s...