VLCC & Clean Rates Remain Static in the Weekly Tanker Market

Capt. John

The Baltic Briefing has issued the tanker report for the 51st week of this year. The report dated 18th December 2020 provides a valuable insight into this week’s tanker market dealings, freight rates, and charter activities.

VLCC

Rates in this sector were mostly static.

In the Middle East 280,000mt to US Gulf via the Cape/Cape routing remain around WS17.5, while 270,000mt to China saw a few fixtures early on at WS34, then WS34.5 and up to WS35 which is where rates are now assessed. There are...

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