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Weekly Tanker Time Charter Estimates

Weekly Tanker Time Charter Estimates, January 15 2020

The dry bulk market has faced additional pressure this week and rates have continued to fall, the timecharter market has been no exception and capesize rates have fallen across all periods, with little signs of recovery in the coming weeks due to the impending Chinese New Year celebrations.

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Weekly Tanker Time Charter Estimates, January 08 2020

A positive start to the year for crude- rates have remained stable, supported by the spot market.

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Weekly Tanker Time Charter Estimates, December 18 2019

In the crude market there has been very little reported in the way of time charter fixtures but both the spot and period markets remain strong.

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Weekly Tanker Time Charter Estimates, December 11 2019

Crude TC rates remained firm overall this week with interest in suezmax fixtures around the one-year mark.

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Weekly Tanker Time Charter Estimates, December 04 2019

Crude TC rates have remained firm although few fresh fixtures have been reported with owners holding out for longer periods.

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Weekly Tanker Time Charter Estimates, November 27 2019

Supported by strength in the spot market, crude TC rates have remained firm this week with rumours of a newbuild VLCC fixed for five years at $48,000/day.

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Weekly Tanker Time Charter Estimates, November 20 2019

Supported by a boost in the spot market, crude TC rates have firmed overall this week.

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Weekly Tanker Time Charter Estimates, November 13 2019

The VLCC market experienced a downward correction this week and rates have fallen.

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Weekly Tanker Time Charter Estimates, November 06 2019

In the crude market there has been very little reported in the way of time charter fixtures as the spot market remains strong.

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Weekly Tanker Time Charter Estimates, October 30 2019

Crude market rates continue to balance out this week and on the period front, few fixtures have been reported as charterers and owners are waiting to see which direction the market will take.

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Weekly Tanker Time Charter Estimates, October 23 2019

Last week’s momentum in the crude period market has dropped off slightly.

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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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