The Baltic Briefing has issued the tanker report for the 22ndweek of this year. The report dated 04thJune 2021 provides a valuable insight into this week’s tanker market dealings, freight rates, and charter activities.
VLCCMiddle East
In the Middle East, the market for 280,000mt to US Gulf (routing via the Cape/Cape) is assessed about half a point weaker at just below WS19.
270,000mt rates
Rates for 270,000mt to China have dipped, last assessed at WS34-34.5 level (showing a round-trip TCE of...