Tanker Report

Weekly Tanker Report – Week 48, 2019

The Baltic Briefing has issued the tanker report for the 48th week of this year. The report dated 29th November 2019 provides a valuable insight into this week’s tanker market dealings, freight rates, and charter activities.

VLCC

Owners’ expectations were firm at the start of the week with the market for 270,000mt Middle East Gulf to China peaking at Worldscale (WS)120.

  • Rates then came under downward pressure with WS115 and WS117.5 agreed for China discharge, and now we understand levels have...

http://mfame.guru/weekly-tanker-report-week-48-2019/

Weekly Tanker Report – Week 47, 2019

The Baltic Briefing has issued the tanker report for the 47th week of this year. The report dated 22nd November 2019 provides a valuable insight into this week’s tanker market dealings, freight rates, and charter activities.

VLCC
  • Rates in this sector continued their bounce-back, with 270,000mt Middle East Gulf (MEG) to China up 32 points to WS 110 level.
  • A 280,000mt MEG to the US Gulf (USG), basis Cape/Cape, improved 12.5 points to sit around the WS 57.5/60 mark.
  • In the West of Suez markets,...

http://mfame.guru/weekly-tanker-report-week-47-2019/

Weekly Tanker Report – Week 46, 2019

The Baltic Briefing has issued the tanker report for the 46th week of this year. The report dated 15th November 2019 provides a valuable insight into this week’s tanker market dealings, freight rates, and charter activities.

VLCC

With at least half of the VLCC market participants meeting in Dubai this week, fixture activity has been sporadic, with rates slipping slightly.

However, the market is reported to have bottomed and is now rebounding. This is evidenced by a couple of fixtures reported on...

http://mfame.guru/weekly-tanker-report-week-46-2019/

Weekly Tanker Report – Week 43, 2019

The Baltic Briefing has issued the tanker report for the 43rd week of this year. The report dated 25th October 2019 provides a valuable insight into this week’s tanker market dealings, freight rates, and charter activities.

VLCC

Sentiment again played a big part as the markets fell globally. 

  • In the Middle East the tonnage list grew in the near term as vessels were released from their subjects alongside lower demand from charterers. 
  • The latest assessments rate 270,000mt Mideast Gulf to China at...

http://mfame.guru/weekly-tanker-report-week-43-2019/

Weekly Tanker Report – Week 42, 2019

The Baltic Briefing has issued the tanker report for the 42nd week of this year. The report dated 18th October 2019 provides a valuable insight into this week’s tanker market dealings, freight rates, and charter activities.

VLCC
  • Although there were stratospheric rates seen on subjects last week, charterers did not lift subjects on a large proportion, thus regaining some control and forcing owners to kowtow.
  • We now see 280,000mt Middle East Gulf to US Gulf basis Cape/Cape being assessed at WS85...

http://mfame.guru/weekly-tanker-report-week-42-2019/

Weekly Tanker Report – Week 40, 2019

The Baltic Briefing has issued the tanker report for the 40th week of this year. The report dated 4th October 2019 provides a valuable insight into this week’s tanker market dealings, freight rates, and charter activities.

VLCC
  • The markets made huge improvements, mainly due to the effects of an already tightening position list and the fallout from US sanctions on Cosco.
  • In the Middle East Gulf, 270,000mt to China rose about 15 points to the mid WS 90s level, while 280,000 to US Gulf via...

http://mfame.guru/weekly-tanker-report-week-40-2019/

Weekly Tanker Report – Week 35, 2019

The Baltic Briefing has issued the tanker report for the 35th week of this year. The report dated 30th August 2019 provides a valuable insight into this week’s tanker market dealings, freight rates, and charter activities.

VLCC
  • Middle East Gulf rates to Eastern destinations lost the five to six points gained a week ago, leaving 270,000mt to China at WS 60 level, whilst 280,000mt to US Gulf, basis Cape to Cape, eased two points to WS 28. 
  • For 260,000mt West Africa to China a similar five to six...

http://mfame.guru/weekly-tanker-report-week-35-2019/

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 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 Tanker Report – Week 23, 2019

The Baltic Briefing has issued the tanker report for the 23rd week of this year. The report dated 7th June 2019 provides a valuable insight into this week’s tanker market dealings, freight rates, and charter activities.

VLCC
  • Rates have been shaved just a point or two over the course of the week, with 270,000mt from the Middle East Gulf to China now at WS 38.
  • US Gulf discharge was being assessed, with 280,000mt at WS 17-18 level basis Cape to Cape and 260,000mt West Africa to China at WS 39.5.
  • An...

http://mfame.guru/weekly-tanker-report-week-23-2019/

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