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Weekly Tanker Time Charter Estimates

Weekly Tanker Time Charter Estimates, September 28 2020

A flat week for the crude period market as sentiment for a rebound in Q4, traditionally a strong quarter for tankers, is looking uncertain. Many market players are now looking ahead to Q1-Q2 20201 for a rebound in demand.

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Weekly Tanker Time Charter Estimates, September 21 2020

A spurt of short term VLCC period fixtures for storage play have been reported in the last few weeks but rates overall are moving lower.

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Weekly Tanker Time Charter Estimates, September 14 2020

Little excitement in the crude period market this week with rates for one-year moving lower, the average rate for a VLCC for one-year is down slightly from last week to an average of $27,250/pdpr.

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Weekly Tanker Time Charter Estimates, September 30 2020

In the crude market there has been some interest in short-term fixtures After the flurry of fixtures a few weeks ago,

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Weekly Tanker Time Charter Estimates, September 23 2020

After a few weeks of increased interest in the crude sector, the drive behind the VLCCs has slowed with some fixtures failing as hopes of a second floating storage boom fade away.

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Weekly Tanker Time Charter Estimates, September 16 2020

The crude timecharter sector has been the focus of the tanker market this week with the spotlight on the VLCCs following a flurry of short-term fixtures

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Weekly Tanker Time Charter Estimates, September 09 2020

On the crude side, rate levels remained low as the market has yet to pick up following the summer season.

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Weekly Tanker Time Charter Estimates, September 02 2020

An unremarkable week in the crude market with some interest in shorter periods for VLCCs of around three to six months.

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Weekly Tanker Time Charter Estimates, August 26 2020

Little excitement in the crude market with rates moving more or less sideways this week. Some short-term TC fixtures were reported and the average rate for a VLCC for one-year is currently estimated as $30,000/pdpr.

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China, facing high corn prices, buys more from U.S.

Chinese buyers struck deals to buy 195,000 tonnes of American corn, the U.S. Department of Agriculture said on Tuesday, as China grapples with spiking domestic prices. China’s demand for corn to feed animals has increased as its pig herd has rebounded more quickly than expected from a deadly swine disease first detected in the country two years ago. Chicken producers are also pushing ahead with aggressive expansion plans, according to traders in China. Chinese corn inventories have dwindled following years of government efforts to whittle down a previously massive stockpile. ...

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Weekly Tanker Time Charter Estimates, August 19 2020

Weekly Tanker Time Charter Estimates, August 19 2020

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Weekly Tanker Time Charter Estimates, August 12 2020

Period rates for crude have remained stable on the whole this week and the average rate for a VLCC for three-years is currently estimated as $36,000/pdpr.

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Weekly Tanker Time Charter Estimates, August 5 2020

Crude rates remained flat this week with some medium term VLCC fixtures reported around 12-18 months.

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Weekly Tanker Time Charter Estimates, July 22 2020

The crude market has been quiet overall with the summer season underway, some activity has been reported in the Aframax sector mainly focused on short-term.

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Weekly Tanker Time Charter Estimates, July 15 2020

The crude period market has been quiet this week except for one fixture for a modern VLCC reported for two years at around $31,000/day.

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