VLCC Tanker Market Hovers, Time for A Fall!

The Baltic Briefing has issued the tanker report for the 47th week of this year. The report dated 20th November 2020 provides a valuable insight into this week’s tanker market dealings, freight rates, and charter activities.

VLCC

Rates remain rooted across much of the sector.

Middle East

In the Middle East, 280,000mt to USG via the Cape/Cape routing continues to be assessed at W15 and 270,000mt to China is still hovering around WS26.

Atlantic

In the Atlantic, rates for 260,000mt West Africa to China...

https://mfame.guru/vlcc-tanker-market-hovers-time-for-a-fall/

Weekly Tanker Report – Week 46, 2020

The Baltic Briefing has issued the tanker report for the 46thweek of this year. The report dated 13thNovember 2020 provides a valuable insight into this week’s tanker market dealings, freight rates, and charter activities.

VLCC

Another week of static rates in this sector although bunker prices have increased by about 10% so the result is lower returns in real terms for owners. 

Middle East

In the Middle East, 280,000mt to USG via the Cape/Cape routing remains assessed at WS15 and 270,000mt to...

https://mfame.guru/weekly-tanker-report-week-46-2020/

Weekly Bulk Report – Week 44, 2020

The Baltic Briefing has released a report about the dry bulk market for the 44thweek of shipping activities of this year. The report dated 30thOctober highlights the plight of the dry bulk market at the on-sight of the 44thweek.

Capesize

The Capesize market was grasping for a bullish story this week as a possible mid-week rally fell flat. 

Capesize 5TC

  • Rates collapsed down to $15,550 on the Capesize 5TC, a drop of $3,199 for the week. 

Brazil to China C3 index 

Positive news of Vale’s increased...

https://mfame.guru/weekly-bulk-report-week-44-2020/

Weekly Tanker Report – Week 36, 2020

The Baltic Briefing has issued the tanker report for the 36th week of this year. The report dated 4th September 2020 provides a valuable insight into this week’s tanker market dealings, freight rates, and charter activities.

VLCC

Middle East market

The Middle East market again eased slightly with rates for 270,000mt AG/China falling 4.5 points to WS25.

US Gulf

While for 280,000mt to USG via the cape/cape routing rates are assessed 1.5 points lower at WS18 level.

Atlantic

In the Atlantic, another quiet...

https://mfame.guru/weekly-tanker-report-week-36-2020/

Weekly Bulk Report – Week 34, 2020

The Baltic Briefing has released a report about the dry bulk market of the 34thweek of shipping activities of this year. The report dated 21stAugust highlights the plight of the dry bulk market at the on-sight of the 34thweek.

Capesize

The capesize market took a southerly direction this week and settled at $17,918, down -$1,998 week on week. 

Brazil to China C3

Brazil to China C3 trading activity saw numerous vessels snapped up and while the market anticipated a value lift, rates responded with...

https://mfame.guru/weekly-bulk-report-week-34-2020/

Weekly Tanker Report – Week 32, 2020

The Baltic Briefing has issued the tanker report for the 32ndweek of this year. The report dated 07thAugust 2020 provides a valuable insight into this week’s tanker market dealings, freight rates, and charter activities.

VLCC

Middle East 

A quiet week in the Middle East resulted in little movement on the rates. 

  • 280,000mt Middle East Gulf to USG via the Cape/Cape routing still being assessed at the WS21 level and 
  • 270,000mt to China slipped a couple of points to W33/34 region.

Atlantic

  • 260,000mt...

https://mfame.guru/weekly-tanker-report-week-32-2020/

Weekly Bulk Report – Week 32, 2020

The Baltic Briefing has released a report about the dry bulk market of the 32ndweek of shipping activities of this year. The report dated 07thAugust highlights the plight of the dry bulk market at the on-sight of the 32ndweek.

Capesize

The capesize market breaking its recent downward trend, moved into a range bound period trading largely sideways this week. 

Atlantic

Timecharter spreads between the two basins now stands with the Pacific $3143 over the Atlantic. Voyage rate volatility persisted...

https://mfame.guru/weekly-bulk-report-week-32-2020/

Weekly Bulk Report – Week 31, 2020

The Baltic Briefing has released a report about the dry bulk market of the 31stweek of shipping activities of this year. The report dated 31stJuly highlights the plight of the dry bulk market at the on-sight of the 31stweek.

Capesize

A quiet end to the week could not disguise the improved sentiment in the capesize market, with several brokers suggesting that this may simply represent a precursor to another move upwards. 

Timecharter average 

The timecharter average climbed $1,282 to close at...

https://mfame.guru/weekly-bulk-report-week-31-2020/

Weekly Tanker Report – Week 29, 2020

The Baltic Briefing has issued the tanker report for the 29th week of this year. The report dated 17th July 2020 provides a valuable insight into this week’s tanker market dealings, freight rates, and charter activities.

VLCC

Rates in this sector fell back slightly.

Middle East Gulf to USG 

280,000mt Middle East Gulf to USG via the Cape/Cape routing assessed one to two points lower at WS24.

270,000mt to China 

270,000mt to China now sits at WS42.5 level, down four points. 

West Africa to China 

260,000m...

https://mfame.guru/weekly-tanker-report-week-29-2020/

Weekly Tanker Report – Week 28, 2020

The Baltic Briefing has issued the tanker report for the 28th week of this year. The report dated 10th July 2020 provides a valuable insight into this week’s tanker market dealings, freight rates, and charter activities.

VLCC

Rates were firm this week across the board in this sector. 

Middle East Gulf to USG 

In the Middle East Gulf, 280,000mt to USG via the Cape/Cape routing is assessed three points up at WS25.

Middle East Gulf to China

Rates for 270,000mt to China got the ‘Spinal Tap’ treatment and...

https://mfame.guru/weekly-tanker-report-week-28-2020/

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