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Weekly Tanker Time Charter Estimates

Weekly Tanker Time Charter Estimates, November 03 2021

In the crude sector we have seen timecharter rates for most sectors remain steady this week as enquiry increased. Some period interest reported for the suezmax sector with fixtures recorded largely short-term, ranging from four months to one year. There has been some interest in the clean sector this week, but little concluded in the way of fixtures. Rates for the most part remained stable with one-year rates for MRs ticking up slightly to an average of $12,200/pdpr.

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Weekly Tanker Time Charter Estimates, October 27 2021

In the crude market slightly more timecharter interest reported this week as the market showed some small signs of positivity

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Weekly Tanker Time Charter Estimates, October 20 2021

Some increased interest in the VLCC period market this week although with a gap between the levels charterers are offering and what owners are willing to accept

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Weekly Tanker Time Charter Estimates, October 13 2021

A flat week for the crude market and although the global energy supply shortage has boosted sentiment somewhat, this has yet to translate to any upwards momentum in rates. On the clean side, there has been some demand for LR2s this week with interest shown from charterers for both eco and non eco vessels, one-year rates for this sector remained at an estimated $16,500/pdpr. Oil prices surged to the highest levels in three years fueled by hopes of rebounding global demand and energy shortages in key economies such as China.

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Weekly Tanker Time Charter Estimates, October 06 2021

In the crude sector we have seen some short term timecharter fixtures reported this week across all sectors

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Weekly Tanker Time Charter Estimates, September 29 2021

Spot market rates have picked up somewhat on certain routes. If we were to pick any sector of the crude market

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Weekly Tanker Time Charter Estimates, September 22 2021

Some VLCC fixtures have been reported in the crude sector this week but this has had little impact on rates as sentiment remains low.

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Weekly Tanker Time Charter Estimates, September 15 2021

A few short-term period fixtures reported in the crude sector this week and this has given the market a slight sense of optimism

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Weekly Tanker Time Charter Estimates, September 08 2021

In the crude spot market, rates firmed slightly as more cargo entered the market but this has yet to have an impact

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Weekly Tanker Time Charter Estimates, September 01 2021

Little change in the crude market from last week, some short-term period interest has been reported however with rate levels remaining low

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Weekly Tanker Time Charter Estimates, August 25 2021

With a grim outlook for the rest of the year, it’s becoming increasingly difficult to be optimistic for this sector

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Weekly Tanker Time Charter Estimates, August 18 2021

Some very short term aframax fixtures reported in the crude market although rates remain flat

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Weekly Tanker Time Charter Estimates, August 11 2021

Very little period activity reported in the crude sector once again this week

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Weekly Tanker Time Charter Estimates, August 04 2021

Limited activity for crude once again this week with period rate assessments for VLCCS

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Weekly Tanker Time Charter Estimates, July 28 2021

Little change in the crude market from last week, although there have been rumors of some short-term period fixtures from oil majors as companies

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