The Baltic Briefing has issued the tanker report for the 28th week of this year. The report dated 10th July 2020 provides a valuable insight into this week’s tanker market dealings, freight rates, and charter activities.
VLCCRates were firm this week across the board in this sector.
Middle East Gulf to USG
In the Middle East Gulf, 280,000mt to USG via the Cape/Cape routing is assessed three points up at WS25.
Middle East Gulf to China
Rates for 270,000mt to China got the ‘Spinal Tap’ treatment and...