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Weekly Tanker Time Charter Estimates

Weekly Tanker Time Charter Estimates, February 26 2020

The crude market period rates remained steady this week but there has been little to report in terms of period fixtures.

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Weekly Tanker Time Charter Estimates, February 19 2020

In the crude market, few short-term VLCC fixtures were reported last week ranging from six months to one-year.

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Weekly Tanker Time Charter Estimates, February 12 2020

Crude rates continued to come under pressure this week and period activity has been limited as owners and charterers wait for more clarity before making decisions.

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Weekly Tanker Time Charter Estimates, February 05 2020

Crude rates have dropped off significantly in the past week amid oil demand worries in China due to the coronavirus outbreak.

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Weekly Tanker Time Charter Estimates, January 29 2020

In the crude market, VLCCs and Suezmaxes have continued to drop off.

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Weekly Tanker Time Charter Estimates, January 22 2020

The crude market has dropped off this week, VLCC rates have fallen across all periods and the average rate for a VLCC for one year is currently estimated as $46,500/pdpr.

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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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