Weekly Tanker Report – Week 40, 2019

Capt. John

The Baltic Briefing has issued the tanker report for the 40th week of this year. The report dated 4th October 2019 provides a valuable insight into this week’s tanker market dealings, freight rates, and charter activities.

VLCC
  • The markets made huge improvements, mainly due to the effects of an already tightening position list and the fallout from US sanctions on Cosco.
  • In the Middle East Gulf, 270,000mt to China rose about 15 points to the mid WS 90s level, while 280,000 to US Gulf via...

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