The Baltic Briefing has issued the tanker report for the 20thweek of this year. The report dated 28th May 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 to US Gulf (routing via the Cape/Cape) continues to be assessed at WS19-19.5 level and rates for 270,000mt to China have also remained flat at the WS36-36.5 region (showing a round-trip TCE of $3250/day). In the Atlantic, rates for...