Home / Report / Analysis / Weekly Tanker Time Charter Estimates / Weekly Tanker Time Charter Estimates, October 16 2019

Weekly Tanker Time Charter Estimates, October 16 2019

The crude period market continues to benefit from the spot market that still continues to soar, this week we have seen a number of suezmax and the average rate for one-year is estimated as $42,500/pdpr.

Lead by the LR2s, the clean market is also strengthening although at a slower rate than crude.

Oil prices fell 1.5% earlier this week after two days of weak economic data from China and continued concerns over the US-China trade war.

Recent Videos

Hellenic Shipping News Worldwide Online Daily Newspaper on Hellenic and International Shipping