Weekly Tanker Report – Week 27, 2023

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Baltic Exchange has issued the tanker report for the 27th week of this year. The report of 07th July 2023 provides valuable insight into this week’s tanker market dealings, freight rates, and charter activities.

Clean

LR2

MEG LR2s have bounced up and down this week, also seeing TC1 dip to below WS100 for the first time since February. TC1 bottomed out at WS98.06 midweek with reports of a rebound and WS100 is currently reported on subjects. TC20 followed suit and lost...

https://mfame.guru/weekly-tanker-report-week-27-2023/

Baltic Exchange: Maritime Market Highlights, 3 – 7 July

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The Baltic Exchange, the world’s independent source of maritime market data, has issued its report for the last week, 3rd – 7th July 2023, to provide information of the bulk market performance, reports Safety4sea.

According to Baltic Exchange reports, highlights of capesize, panamax, ultramax/supramax, handysize include:

Capesize

As the week commenced in the Pacific, it became apparent that there was a notable level of enquiry, defying the usual subdued nature of...

https://mfame.guru/baltic-exchange-maritime-market-highlights-3-7-july/

Weekly Bulk Report – Week 15, 2023

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The Baltic Exchange has released a report about the dry bulk market for the 13th week of shipping activities this year. The report dated 17th April 2023, highlights the dry bulk market conditions at the on-sight of the 15th week.

Capesize

Weather factors in the Pacific this week threatened to disrupt activity from West Australia to China. However, other than Port Hedland closing on Thursday, there was a steady flow of fixing which resulted in a rather volatile...

https://mfame.guru/weekly-bulk-report-week-15-2023/

Weekly Tanker Report – Week 13, 2023

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Baltic Exchange has issued the tanker report for the 13th week of this year. The report of 31st March 2023 provides valuable insight into this week’s tanker market dealings, freight rates, and charter activities.

Clean

The clean product freight market has been this week with LRs losing some of their usual alignment. TC1 has softened a touch down to WS180.63 (-WS3.43) with a TC20 run west dipping from $4,650,000 to $4,540,000. However, on the LR1s TC5 has climbed up...

https://mfame.guru/weekly-tanker-report-week-13-2023/

Weekly Gas Report – Week 12, 2022

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The Baltic Briefing has issued the tanker report for the 12th week of this year. The report dated 24th March 2022 provides valuable insight into this week’s gas market dealings, LNG, and LPG.

LNG

A continued quiet market on the spot has moved rates down on all three routes once again. While the Pacific market still holds a premium over the west, it is mainly to do with tighter tonnage rather than increased demand. Charterers have held off enquiry (what little is there)...

https://mfame.guru/weekly-gas-report-week-12-2022/

Baltic Index Hits Over Seven-Week High

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The Baltic Exchange’s main sea freight index .BADI rose to its highest in over seven weeks on Wednesday, supported by higher shipping rates for all vessel segments, says an article published on XM.

Short term

* The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, rose 109 points, or about 11%, to 1,099 — its highest since Jan. 10.

* The dry bulk market looked optimistic in the short term on an expected increase in Chinese iron...

https://mfame.guru/baltic-index-hits-over-seven-week-high/

Weekly Gas Report – Week 7, 2022

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The Baltic Briefing has issued the tanker report for the 7th week of this year. The report dated 17th February 2022 provides valuable insight into this week’s gas market dealings, LNG, and LPG.

LNG

There have been several fixtures reported in the market. It is our understanding a 160,000 TDFE vessel with 0.15% boil off was fixed away from North Australia – East between $65-70,000 daily RV, which is well in line with published routes this week. BLNG1g has remained for the most...

https://mfame.guru/weekly-gas-report-week-7-2022/

Weekly Bulk Report – Week 7, 2023

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The Baltic Exchange has released a report about the dry bulk market for the 7th week of shipping activities this year. The report dated 17th February 2023, highlights the dry bulk market conditions at the on-sight of the 7th week.

Capesize

There was an overriding negative sentiment in the sector this week as the Cape 5TC average fell from $4,432 to $2,246 on Friday. This was largely led by the Atlantic and a number of fixtures are down significantly. However, it...

https://mfame.guru/weekly-bulk-report-week-7-2023/

Weekly Baltic Index Report

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The Baltic Exchange’s main sea freight index, says an article published on XM.

Tracking rates for ships

BADI, tracking rates for ships carrying dry bulk commodities, fell for the fifth straight week on Friday, pressured by weaker rates across vessel segments.

Fifth straight weekly fall

* The overall index, which factors in rates for capesize, panamax and supramax shipping vessels carrying dry bulk commodities, fell 19 points, or about 3%, to 621, its lowest since...

https://mfame.guru/weekly-baltic-index-report/