The Baltic Briefing has issued the tanker report for the 22ndweek of this year. The report dated 29thMay 2020 provides a valuable insight into this week’s tanker market dealings, freight rates, and charter activities.
VLCCOwners regain some of the recent lost ground with tightened supply of vessels by improved volumes.
- The Middle East Gulf sector saw rates flat in the first half of the week, then rises midweek with rates for 270,000mt to China jumping from WS50 to WS60 – and then mid WS60s.
- Th...