The Baltic Briefing has issued the tanker report for the 49th week of this year. The report dated 06th December 2019 provides a valuable insight into this week’s tanker market dealings, freight rates, and charter activities.
VLCCMiddle East Gulf rates came under persistent downward pressure early on, although by the end of the week, owners were pushing back.
- The market for the 270,000mt Middle East Gulf to China dipped to low WS90s, but is now at mid WS90s. This is still down nearly 10 points...