Weekly Tanker Report – Week 14, 2020

Capt. John

The Baltic Briefing has issued the tanker report for the 14th week of this year. The report dated 03rd April 2020 provides a valuable insight into this week’s tanker market dealings, freight rates, and charter activities.

VLCC

Activity in the Middle East continued apace with owners firmly in the driving seat.

  • The 280,000mt to the US Gulf via the Cape to Cape routing is rated at around WS 140. This is after peaking at WS145 region, up just over 27 points from a week ago.
  • A 270,000mt to China was...

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