Baltic Briefing

Weekly Tanker Report – Week 12, 2019

The Baltic Briefing has issued the tanker report for the 12th week of this year. The report dated 22nd March 2019 provides a valuable insight into this week’s tanker market dealings, freight rates, and charter activities.

VLCC
  • It was another slow week, with rates under pressure slipping below WS 60 as 270,000mt fixed to China at WS 59 and Taiwan at WS 57.5 for 265,000mt cargo.
  • Going west, rates for 280,000mt to the US Gulf fell 4.75 points, as Valero took BP tonnage at WS 23.5 Cape/Cape.
  • In West...

http://mfame.guru/weekly-tanker-report-week-12-2019/

Weekly Tanker Report – Week 11, 2019

The Baltic Briefing has issued the tanker report for the 11th week of this year. The report dated 15th March 2019 provides a valuable insight into this week’s tanker market dealings, freight rates, and charter activities.

VLCC
  • A slower week saw rates in all areas generally come under downward pressure.
  • Early last week 270,000mt to China fixed at WS 66 but finished the week in the very low WS 60s.
  • Going west, rates for 280,000mt to the US Gulf were assessed just below WS 30 Cape/Cape, compared to...

http://mfame.guru/weekly-tanker-report-week-11-2019/

Weekly Tanker Report – Week 10, 2019

The Baltic Briefing has released a report about the tanker market of the 10th week of shipping activities of this year. The report dated 8th March highlights the plight of the tanker market at the on-sight of the 10th week.

VLCC
  • Initial optimism of long east from the Middle East Gulf, fixing at close to WS 70 evaporated, with Unipec paying WS 65 to China.
  • Going west, rates for 280,000mt to the US Gulf were again assessed at WS 32.5 Cape/Cape.
  • In West Africa, rates for 260,000mt to China settled...

http://mfame.guru/weekly-tanker-report-week-10-2019/

Tanker Report – Week 9, 2019

The Baltic Briefing has released a report about the tanker market of the 9th week of shipping activities of this year. The report dated 1st March highlights the plight of the tanker market at the on-sight of the 9th week.

VLCC
  • Renewed activity from the US Gulf has been driving the market. A run to Korea went at $7 million, with firmer sentiment seen in all areas.
  • A 270,000mt vessel from the Middle East Gulf went to Korea at WS 67.5, conservatively representing a gain of 10 points plus for China...

http://mfame.guru/tanker-report-week-9-2019/

Tanker report – Week 8, 2019

The Baltic Briefing has released a report about the tanker market of the 8th week of shipping activities of this year. The report dated 22nd February highlights the plight of the tanker market at the on-sight of the 8th week.

VLCC
  • The firm sentiment held in the Middle East Gulf with 270,000mt fixed to China at Worldscale (WS) 57.5 up eight points, with Singapore discharge peaking at WS 60.
  • Going West, rates for 280,000mt to the US Gulf were assessed almost 5.75 points higher at WS 29 Cape/Cape.
  • I...

http://mfame.guru/tanker-report-week-8-2019/

Bulk Report – Week 8, 2019

The Baltic Briefing has released Bulk carrier maritime activity report for the 8th week of this year. The report formulated on 22nd February 2019 highlights the situation in the bulk carrier market including trading activities, freight rates, and charter rates.

Here’s a glimpse of that report.

Capesize

Gloom continued to beset the market for the big ships, with Dalian port last week imposing a ban on Australian coal imports and capping coal imports from all sources by the end of 2019 at 12 million...

http://mfame.guru/bulk-report-week-8-2019/

Freightos Baltic Container Report – Week 8, 2019

The Baltic Briefing has released a report about the freightos baltic container of the 8th week of shipping activities of this year. The report highlights the plight of the container market at the on-sight of the 8th week.

Prices bounce back
  • Following Chinese New Year, transpacific ocean prices are back to where they were at the beginning of the year.
  • At $2,009, China-West Coast prices are just $6 higher than on January 6. At $3,110, China-East Coast prices are $27 lower.
  • Demand seasonally drops...

http://mfame.guru/freightos-baltic-container-report-week-8-2019/

Tanker Report – Week 7, 2019

The Baltic Briefing has released a report about the tanker market of the 7th week of shipping activities of this year. The report dated 15th February highlights the plight of the tanker market at the on-sight of the 7th week.

VLCC
  • A significant uptick in US Gulf enquiry saw rates to South Korea rise $1.1 million to $6.65 million.
  • This positivism is filtered through to the Middle East Gulf, with 270,000mt to South Korea fixed at WS 47.5, up almost seven points from the previous week.
  • Similarly,...

http://mfame.guru/tanker-report-week-7-2019/

Dry Bulk Report – Week 7, 2019

The Baltic Briefing has released a report about the dry bulk market of the 7th week of shipping activities of this year. The report dated 15th February highlights the plight of the dry bulk market at the on-sight of the 7th week.

Capesize
  • Despite the focus on Vale and reduced Brazil exports, there were signs of further demand this week that checked further falls.
  • Higher bunker prices negated any real increase in owners’ returns. Other charterers took up some of the slack from Vale, providing...

http://mfame.guru/dry-bulk-report-week-7-2019/

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