The Baltic Briefing has issued the tanker report for the 47th week of this year. The report dated 22nd November 2019 provides a valuable insight into this week’s tanker market dealings, freight rates, and charter activities.
VLCC- Rates in this sector continued their bounce-back, with 270,000mt Middle East Gulf (MEG) to China up 32 points to WS 110 level.
- A 280,000mt MEG to the US Gulf (USG), basis Cape/Cape, improved 12.5 points to sit around the WS 57.5/60 mark.
- In the West of Suez markets,...