Weekly Tanker Report – Week 27, 2019

The Baltic Briefing has issued the tanker report for the 27th week of this year. The report dated 5th July 2019 provides a valuable insight into this week’s tanker market dealings, freight rates, and charter activities.

VLCC
  • Rates in the Middle East arena softened by WS 1.5-2 points over the week, despite geopolitical tensions remaining.
  • 270,000mt Middle East Gulf to China is now at WS 48 level.
  • 280,000mt Middle East Gulf to US Gulf basis Cape to Cape is at WS 20.
  • Meanwhile, 260,000mt West...

http://mfame.guru/weekly-tanker-report-week-27-2019/

Weekly Tanker Report – Week 26, 2019

The Baltic Briefing has issued the tanker report for the 26th week of this year. The report dated 28th June 2019 provides a valuable insight into this week’s tanker market dealings, freight rates, and charter activities.

VLCC
  • Although Middle East tensions remain, owners and charterers have picked up fixing volume, including on older and ‘compromised’ tonnage, but the market has eased slightly.
  • 270,000mt Middle East Gulf/China now rests at WS 50-51 level. 280,000mt Middle East Gulf/US Gulf basis...

http://mfame.guru/weekly-tanker-report-week-26-2019/

Weekly Bulk Report – Week 26, 2019

The Baltic Briefing has released a report about the dry bulk market of the 26thweek of shipping activities of this year. The report dated 28thJune highlights the plight of the dry bulk market at the on-sight of the 26thweek.

Capesize
  • The market scenario showed variability last week with most of the routes being active yet showing different sentiments from region to region. 
  • The Pacific market thrived because of the inactive West Australian market. Charterers were usually able to achieve lower...

http://mfame.guru/weekly-bulk-report-week-26-2019/

Weekly Tanker Report – Week 24, 2019

The Baltic Briefing has released the tanker report of week 24 of this year, 2019. The report dated 14th June, 2019 clearly articulates the freight rates and the market scenario of this week pertaining to tanker activities. Here’s an excerpt from that report.

VLCC
  • Rates remain unmoved this week, with 270,000mt Middle East Gulf to China at WS 38 and Middle East Gulf to US Gulf discharge still being assessed for 280,000mt at WS 17-18 level basis Cape to Cape.
  • As a result of Thursday morning’s...

http://mfame.guru/weekly-tanker-report-week-24-2019/

Weekly Bulk Report – Week 24, 2019

The Baltic Briefing has released Bulk carrier maritime activity report for the 27th week of this year. The report formulated on 14th June 2019 highlights the situation in the bulk carrier market including trading activities, freight rates, and charter rates.

Capesize
  • The market closed on a quiet Friday last week after a few hectic days of mid-week trading. Trade routes from Brazil to the Far East were especially busy, marking possibly the highest volume of trading out of the region this year.
  • Val...

http://mfame.guru/weekly-bulk-report-week-24-2019/

Weekly Tanker Report – Week 22, 2019

The Baltic Briefing has issued the tanker report for the 22nd week of this year. The report dated 31st May 2019 provides a valuable insight into this week’s tanker market dealings, freight rates, and charter activities.

VLCC
  • Reduced enquiry in the Middle East Gulf saw rates for 270,000mt to China eased 2.5 points to WS 39, before a modest recovery to around WS 40.
  • Korea discharge was hovering around WS 36/37 region. US Gulf discharge was fixed by Valero at WS 18 Cape to Cape for 280,000mt.
  • Day...

http://mfame.guru/weekly-tanker-report-week-22-2019/

Weekly Bulk Report – Week 15, 2019

The Baltic Briefing has released Bulk carrier maritime activity report for the 15th week of this year. The report formulated on 12th April 2019 highlights the situation in the bulk carrier market including trading activities, freight rates, and charter rates.

Capesize
  • The market saw a steep ascent from the depths of last week. The Baltic Capesize Index (BCI) 5TC opened on Monday at $5,099, although by Friday’s close most gains were lost, and it finished up at $5,737, a modest gain of $638.
  • Improv...

http://mfame.guru/weekly-bulk-report-week-15-2019/

Weekly Bulk Report – Week 14, 2019

The Baltic Briefing has released Bulk carrier maritime activity report for the 14th week of this year. The report formulated on 5th April 2019 highlights the situation in the bulk carrier market including trading activities, freight rates, and charter rates.

Capesize
  • The Capesize market over the past week looked to have found a floor on Tuesday with the BCI 5TC at $3460 before firming into the rest of the week, ending at $4881.
  • Iron ore cargo trades from West Australia to China dominated early...

http://mfame.guru/weekly-bulk-report-week-14-2019/

Weekly Tanker Report – Week 14, 2019

The Baltic Briefing has issued the tanker report for the 14th week of this year. The report dated 5th March 2019 provides a valuable insight into this week’s tanker market dealings, freight rates, and charter activities.

VLCC
  • Charterers maintained their vice-like grip on owners, with rates for 270,000mt falling 8.5 points to WS 37.5, while a new building to Korea agreed WS 31.5 basis 280,000mt.
  • Going west, rates for 280,000mt to the US Gulf are assessed three points lower at around WS 19,...

http://mfame.guru/weekly-tanker-report-week-14-2019/

Weekly Tanker Report – Week 13, 2019

The Baltic Briefing has issued the tanker report for the 13th week of this year. The report dated 29th March 2019 provides a valuable insight into this week’s tanker market dealings, freight rates, and charter activities.

VLCC
  • It was another bad week for owners, who saw rates continue to slide, with Unipec fixing 270,000mt at WS 46 to China, down 13 points.
  • Going West, rates for 280,000mt to the US Gulf were assessed 1.5 points lower at WS 22 Cape/Cape.
  • In West Africa, rates for 260,000mt fell...

http://mfame.guru/weekly-tanker-report-2/

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon