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Weekly Tanker Time Charter Estimates

Weekly Tanker Time Charter Estimates, January 26 2022

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Weekly Tanker Time Charter Estimates, January 19 2022

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Weekly Tanker Time Charter Estimates, January 12 2022

Some activity reported in the crude market this week with a handful of suezmax period fixtures

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Weekly Tanker Time Charter Estimates, January 05 2022

Little change in the crude market at the start of the year, rates have remained steady although timecharter activity has been quiet so far

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Weekly Tanker Time Charter Estimates, December 22 2021

We are still seeing some current activity emerge in s&p and timecharter markets

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Weekly Tanker Time Charter Estimates, December 15 2021

Very little to report in terms of timecharter activity in the crude sector this week, and rates have remained flat overall

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Weekly Tanker Time Charter Estimates, December 08 2021

A few timecharter fixtures reported in the crude sector this week, although we would expect more activity

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Weekly Tanker Time Charter Estimates, December 01 2021

Despite excitement over the last few weeks that the tanker market was finally recovering

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Weekly Tanker Time Charter Estimates, November 24 2021

In the crude sector this week a small number of deals were reported, with fixtures ranging from four to six months to three years

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Weekly Tanker Time Charter Estimates, November 17 2021

In the crude market a rebound is slowly emerging and we are seeing more and more interest in long term deals of around three years

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Weekly Tanker Time Charter Estimates, November 10 2021

There seems to be slightly more interest in the crude sector this week and sentiment is growing that we are at the beginning of an upwards period

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Weekly Tanker Time Charter Estimates, November 03 2021

In the crude sector we have seen timecharter rates for most sectors remain steady this week as enquiry increased. Some period interest reported for the suezmax sector with fixtures recorded largely short-term, ranging from four months to one year. There has been some interest in the clean sector this week, but little concluded in the way of fixtures. Rates for the most part remained stable with one-year rates for MRs ticking up slightly to an average of $12,200/pdpr.

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Weekly Tanker Time Charter Estimates, October 27 2021

In the crude market slightly more timecharter interest reported this week as the market showed some small signs of positivity

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Weekly Tanker Time Charter Estimates, October 20 2021

Some increased interest in the VLCC period market this week although with a gap between the levels charterers are offering and what owners are willing to accept

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Weekly Tanker Time Charter Estimates, October 13 2021

A flat week for the crude market and although the global energy supply shortage has boosted sentiment somewhat, this has yet to translate to any upwards momentum in rates. On the clean side, there has been some demand for LR2s this week with interest shown from charterers for both eco and non eco vessels, one-year rates for this sector remained at an estimated $16,500/pdpr. Oil prices surged to the highest levels in three years fueled by hopes of rebounding global demand and energy shortages in key economies such as China.

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