The Baltic Briefing has issued the tanker report for the 18thweek of this year. The report dated 7thMay 2021 provides a valuable insight into this week’s tanker market dealings, freight rates, and charter activities.
VLCCIn the Middle East, the market for 280,000mt Middle East to US Gulf (routing via the Cape/Cape) is assessed almost a point lower than last week on the back of a weaker market in general.
Rates for 270,000mt to China have eased 2.5 points to WS32.5/33 level (showing a round-trip...