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Weekly Tanker Time Charter Estimates

Weekly Tanker Time Charter Estimates, April 24 2019

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

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Weekly Tanker Time Charter Estimates, April 17 2019

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

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Weekly Tanker Time Charter Estimates, April 10 2019

As the spot market for crude continues to fall, the period market has remained steady with a few one-year fixtures reported in the past week.

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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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