The Baltic Briefing has issued the tanker report for the 6th week of this year. The report dated 07th February 2020 provides a valuable insight into this week’s tanker market dealings, freight rates, and charter activities.
VLCCThe Middle East market saw a dip further this week, with the deepening impact of the coronavirus outbreak on oil demand from China keeping activity low.
- Rates for 270,000mt to China fell 12.5 points to the low WS 40s, while 280,000mt to US Gulf (USG) via the Capes came...