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

• 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/

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

• 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/

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

• 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/

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.

• 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/