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Weekly Tanker Time Charter Estimates

Weekly Tanker Time Charter Estimates December 05 2018

Another healthy week for the crude period market with interest shown in long-term contracts.

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Weekly Tanker Time Charter Estimates November 28 2018

The period market for crude remains firm once again as we reach the end of the month with the one-year time-charter rate for VLCCs currently estimated at $33,500/pdpr.

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Weekly Tanker Time Charter Estimates November 21 2018

The period market for crude remains healthy this week.

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Weekly Tanker Time Charter Estimates November 14 2018

The VLCC period market has been steady this week, with the one-year time-charter rates currently estimated at $32,500/pdpr. 

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Weekly Tanker Time Charter Estimates November 07 2018

Crude continues to show strength largely due to the momentum from oil prices and US sanctions that are giving the crude market some wind in its sail.

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Weekly Tanker Time Charter Estimates October 31 2018

As we forecasted, crude tanker rates have gained strength this week, the one-year time charter rates for VLCCs is currently estimated at $32,500/pdpr.

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Weekly Tanker Time Charter Estimates October 24 2018

A positive outlook for the tanker period market this week with a 2005-bulk VLCC fixed for 6-9 months at $27,000/pdpr.

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Weekly Tanker Time Charter Estimates October 17 2018

The VLCC period market has seen some activity this week with the time charter rates for one-year estimated at $24,000/pdpr.

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Weekly Tanker Time Charter Estimates October 10 2018

The crude market has seen some interest this week with a few short-term contracts reported.

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Weekly Tanker Time Charter Estimates October 03 2018

Crude is showing a tick of excitement this week and we hope that this optimism will continue throughout Q4.

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Weekly Tanker Time Charter Estimates September 26 2018

The period market has seen some activity this week with some long-term contracts reported.

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Weekly Tanker Time Charter Estimates September 19 2018

There has been an unexpected lack of activity for tankers with the majority of charterers now bedding in for the autumn and deciding what their next move will be.

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Weekly Tanker Time Charter Estimates September 12 2018

As autumn draws near, the crude market is seeing some signs of activity. The Aframax sector has picked up, with time charter rates for one and two years increasing to $14,750/pdpr and $15,350/pdpr.

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Weekly Tanker Time Charter Estimates September 05 2018

The period market has seen some activity in terms of fixtures as the northern hemisphere returns to work following the holiday season.

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Weekly Tanker Time Charter Estimates August 29 2018

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

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