The Baltic Briefing has issued the tanker report for the 50thweek of this year. The report dated 11thDecember 2020 provides a valuable insight into this week’s tanker market dealings, freight rates, and charter activities.
VLCCRates in this sector marginally improved then lost a little ground late in the week. In the Middle East 280,000mt to US Gulf via the Cape/Cape routing levelled at WS17.5, while 270,000mt to China rose a couple of points early on to nearly WS35 then eased to WS34 level.
In...
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