Tanker Market Rates 24/05/2020

Daily rates on main tanker routes as compiled by shipbroker Charles R. Weber.

Charles R. Weber Tanker Market Updated by 10am EST Daily			Sunday May 24 2020
Trade		Cargo	Sentiment	Rate
VLCC
TD1 (WS)	AG > USG	280,000 MT		35
TD2 (WS)	AG > SPORE	265,000 MT		58
TD3C (WS)	AG > China	270,000 MT		46
TD15 (WS)	WAFR > China	260,000 MT		50
—	USG > SPORE	$Mn LS		5.9
Suezmax
TD5 (WS)	WAFR > USAC	130,000 MT		67.5
TD20 (WS)	WAFR > UKC	130,000 MT		72.5
TD6 (WS)	B.SEA > MED	135,000 MT		75
— (WS)	CBS > USG	150,000 MT		77.5
Aframax
TD7 (WS)	N.SEA > UKC	80,000 MT		110
TD9 (WS)	CBS > USG	70,000 MT		90
TD19 (WS)	TURK > MED	80,000 MT		88
TD8 (WS)	AG > SPORE	80,000 MT		120
Panamax
TD21 (WS)	CBS > USG	50,000 MT		105
TD12 (WS)	CONT > TA	55,000 MT		110
CPP
TC2 MR (WS)	CONT > TA	37,000 MT		102.5
TC3 MR (WS)	CBS > USAC	38,000 MT		120
TC14 MR (WS)	USG > CONT	38,000 MT		80
—	USG > CBS	$ ‘000 LS		4
TC1 LR2 (WS)	AG > JPN	75,000 MT		145
TC5 LR1 (WS)	AG > JPN	55,000 MT		154
TC4 Handy (WS)	SPOR > JPN	30,000 MT		142.5

Source: Charles R. Weber Company, Inc