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Weekly Tanker Time Charter Estimates

Weekly Tanker Time Charter Estimates March 07 2018

Charterers continue to chip away making the most of the bearish sentiment with a market that slides along at rock bottom rates.

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Weekly Tanker Time Charter Estimates February 28 2018

As brokers we are disappointed to see such a stale market with little activity.

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Weekly Tanker Time Charter Estimates February 21 2018

Limited activity across the board and hire rates remain flat due to the Lunar New Year and few incentives for much change on the horizon.

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Weekly Tanker Time Charter Estimates February 14 2018

No real change in the market at the moment except the jojo interest in MRs.

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Weekly Tanker Time Charter Estimates February 07 2018

Following a peak of $70/bbl Brent crude has fallen since the turn of the month back to mid-$60/bbl levels despite US. crude stocks falling 1.05 million barrels last week.

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Weekly Tanker Time Charter Estimates January 31 2018

The current market tenor lingers reflecting in suppressed rate estimates with Aframax trading around $16,250/pdpr for 2YR period.

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Weekly Tanker Time Charter Estimates January 24 2018

There are no momentous market trend shifts to report in this week’s wet time charter estimates.

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Weekly Tanker Time Charter Estimates January 17 2018

The Iranian tanker Sanchi sinks after a second explosion leaving no hope for any survivors from the 32-strong crew.

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Weekly Tanker Time Charter Estimates January 10 2018

OPEC’s oil cut has reduced the number of cargoes at a time when a significant amount of N/B’s are being delivered resulting in further downwards market pressure not seen since 2009.

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Weekly Tanker Time Charter Estimates January 03 2018

Oil reached near its highest level since 2015 today, having risen above $67/bbl near 35% increase over the last two quarters.

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Weekly Tanker Time Charter Estimates December 27 2017

An pipeline explosion in Libya saw domestic output fall  by around 100,000 barrels per day causing a two-year high surge in the oil price.

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Weekly Tanker Time Charter Estimates December 20 2017

The direction of oil prices in 2018 will be decided in Texas.

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Weekly Tanker Time Charter Estimates December 13 2017

North Sea pipeline fracture led on 2% rise in BRENT prices.

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Weekly Tanker Time Charter Estimates December 06 2017

Goldman Sachs on the recently released report expects crude oil prices to be retained and strong.

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Weekly Tanker Time Charter Estimates November 29 2017

Oil prices this week set to go up after market expectations of a 9mos  cuts extension.

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