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

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

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

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.

An active week for VLCCs once again with a number of long-term period fixtures reported.

A busy week for crude once again, VLCC period rates have improved and the average rate for one year is estimated at $33,000/pdpr.

VLCC period rates pushed up again this week, boosting the overall sentiment for the crude market.

VLCC rates are tightening and going up, there has been talk of a scrubber-fitted eco newbuilding fixed for three years for around $43,500 per day.

Period rated for crude have been firm this week, with substantial premiums being paid over the spot market.

Limited activity in the crude period market this week, there has been some interest long-term period fixtures for the aframax sector.

A busy week for the VLCC period market this week, rates have been stable with a number of period fixtures reported ranging from one month to three years.

On the crude side, VLCCs remain low this week with limited enquiry, the average one- year TC rate for VLCCs is estimated at $32,000/pdpr.

The crude market has been flat this week on the period front, due to various holidays around the world.

A number of one-year Aframax fixtures have come to light this week, although the timecharter market for VLCCS and Suezmaxes has been quieter.

The crude market has remained steady this week and the average 1-year TC rate for VLCCS is estimated to be $31,000/pdpr.