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Weekly Tanker Time Charter Estimates

Weekly Tanker Time Charter Estimates, October 16 2019

The crude period market continues to benefit from the spot market that still continues to soar, this week we have seen a number of suezmax and the average rate for one-year is estimated as $42,500/pdpr.

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Weekly Tanker Time Charter Estimates, October 09 2019

Crude period rates have continued to surge this week off the back of gains in the spot market.

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Weekly Tanker Time Charter Estimates, October 02 2019

US sanctions imposed on Cosco’s tankers have caused spot rates to soar and this is also having a positive effect on VLCC period rates that have increased this week to $38,000/pdpr for one year.

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Weekly Tanker Time Charter Estimates, September 25 2019

Supported by strength in the spot market, TC and rates have remained firm although the crude period market has been quiet with just a few fixtures coming to light.

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Weekly Tanker Time Charter Estimates, September 18 2019

Slightly more activity for the crude period market this week as sentiment begins to improve, the average rate for one year is currently estimated as $31,000/pdpr.

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Weekly Tanker Time Charter Estimates, September 11 2019

There has been very little activity in the way of crude period fixtures this week although rates have remained stable.

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Weekly Tanker Time Charter Estimates, September 04 2019

Crude rates have remained flat this week and aside from a recent 10 vessel suezmax period deal, there have been very few tc fixtures to report in this sector.

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Weekly Tanker Time Charter Estimates, August 28 2019

Little excitement in the crude market with rates moving more or less sideways this week.

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Weekly Tanker Time Charter Estimates, August 14 2019

It has been a busy week for the VLCC period market that has moved up in line with the spot market as refinery overhauls come to an end.

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Weekly Tanker Time Charter Estimates, August 07 2019

In the crude market there has been interest in shorter periods, we estimate that the rate for a VLCC for one year is currently $31,000/pdpr.

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Weekly Tanker Time Charter Estimates, July 31 2019

Period rates for crude moved downwards this week, the average one-year rate for suezmaxes is estimated at $24,000/pdpr.

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Dirty Time Charter Rates vs Fixtures 1H 2019

Dirty Time Charter Rates vs Fixtures for the first six months of 2019

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Weekly Tanker Time Charter Estimates, July 17 2019

VLCC rates firmed this week and the average tc rate for one year is estimated as $36,000/pdpr.

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Weekly Tanker Time Charter Estimates, July 10 2019

Period rates for crude have remained stable this week, with substantial premiums being paid over the spot market.

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Weekly Tanker Time Charter Estimates, July 03 2019

The crude period market has been quiet this week except for the VLCC sector that saw a considerable number of long-term fixtures reported, around the 3 year mark.

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