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Weekly Tanker Time Charter Estimates

Weekly Tanker Time Charter Estimates, April 03 2019

A slightly more active week for the crude market and rates have remained steady, the average 1 year TC rate for VLCCs is currently estimated at $31,000/day.

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Weekly Tanker Time Charter Estimates, March 27 2019

Rates remain supressed as the market fails to uphold any significant momentum, and overall a disappointing week particularly for VLCCs.

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Weekly Tanker Time Charter Estimates, March 20 2019

Crude period rates remain firm for the time being despite a limited number of fixtures reported this week.

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Weekly Tanker Time Charter Estimates, March 13 2019

The crude period market has seen plenty of interest this week, and rates have remained stable.

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Weekly Tanker Time Charter Estimates, March 06 2019

Improvement in the period market for VLCCs this week has had boosted sentiment for crude overall.

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Weekly Tanker Time Charter Estimates, February 27 2019

In the crude market, sentiment continues to show some improvement with increased interest in longer term contracts.

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Weekly Tanker Time Charter Estimates, February 20 2019

A quiet week for crude and despite a slow start, the underlying sentiment seems to have improved based on the firming of spot rates.

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Weekly Tanker Time Charter Estimates, February 13 2019

A slow week for crude with Venezuela ruled out, availability grew and demand dwindled.

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Weekly Tanker Time Charter Estimates, February 06 2019

Limited activity across the board and period rates remain flat due to the Lunar New Year.

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Weekly Tanker Time Charter Estimates, January 30 2019

Crude rates remain flat due to the Lunar New Year with the average time charter rate for a VLCC currently estimated at $30,750/pdpr.

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Weekly Tanker Time Charter Estimates, January 23 2019

The crude marker has seen limited period activity with a few fixtures reported this week.

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Weekly Tanker Time Charter Estimates, January 16 2019

Has this market been short-lived or will it maintain strength and with Chinese New Year around the corner, is this the calm before the storm?

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Weekly Tanker Time Charter Estimates, January 09 2019

The crude period market is continuing with good returns and there are still cargoes to be fixed, it will be interesting to see the direction that the market takes now that everyone is back at work.

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Weekly Tanker Time Charter Estimates, January 02 2019

There has been limited activity this week which is typical of the holiday season, the market is quiet with no real action and rates remain steady.

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Weekly Tanker Time Charter Estimates December 19 2018

The crude period market has remained firm this week but with little enquiry.

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