As of June 12, spot rates for MEGI carriers remained flat week-on-week, at $74,000 per day. Mehrotra believes this is only a pause. “We continue to project firming LNG shipping rates throughout the remainder of 2019 as liquefaction capacity additions are back-end weighted. Suezmax owners’ earnings have surged by more than 350% on average worldwide since the beginning of September. Charterers are currently paying $3.92 per barrel (WS245), as opposed to $1.84 (WS115) in early September for a Suezmax cargo West Africa-U.S. Gulf, and $1.61 per barrel (WS240) for an intra- Med cargo, Danish shipping companies scramble to find solutions as country shuts down (15:15) IMO postpones meeting of environmental committee indefinitely (14:37) Cheap oil sends tanker rates soaring (13:45) Dirty VLCC MEG/Jap - 260,000. Dirty Suezmax Wafr/UKC - 130,000 6 months It said that average dirty spot freight rates in the tanker market increased in August from the previous month by 7%. The average increase was driven mainly by gains registered for the VLCC and Aframax classes, while Suezmax freight rates showed negative developments.
Shipping Platts Market Data - Dry Freight Spot new opportunities and develop a more informed forward plan with access to over 100 independent dry freight rates for the world's most traded comm Tanker report – Week 34. Rates in the Middle East Gulf continued an upward trajectory, with 270,000mt to China at WS 66, up about five points and 280,000mt to the US Gulf, basis Cape/Cape, rated at WS 30, an increase of three points. VLCC rates hit USD 300,000 per day. VLCC rates have climbed to USD 300,000 per day, the highest level in 15 years, analyst firm writes. The rates have increased massively over the past month, and the current situation is "not normal circumstances", according to the analysis.
Dirty VLCC MEG/Jap - 260,000. Dirty Suezmax Wafr/UKC - 130,000 6 months It said that average dirty spot freight rates in the tanker market increased in August from the previous month by 7%. The average increase was driven mainly by gains registered for the VLCC and Aframax classes, while Suezmax freight rates showed negative developments. Shipping Platts Market Data - Dry Freight Spot new opportunities and develop a more informed forward plan with access to over 100 independent dry freight rates for the world's most traded comm Tanker report – Week 34. Rates in the Middle East Gulf continued an upward trajectory, with 270,000mt to China at WS 66, up about five points and 280,000mt to the US Gulf, basis Cape/Cape, rated at WS 30, an increase of three points. VLCC rates hit USD 300,000 per day. VLCC rates have climbed to USD 300,000 per day, the highest level in 15 years, analyst firm writes. The rates have increased massively over the past month, and the current situation is "not normal circumstances", according to the analysis. business has taken off - along with VLCC spot charter rates. It was reported on Tuesday that Bahri of Saudi Arabia had fixed 18 VLCC's as rates surged up, but we hear that the final number was about 12 vessels. This week we have seen AG/Singapore at TCE's of $200,000+/day for HSFO VLCC's and $193,000+/day for LSFO VLCC's.
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1 Oct 2019 Freight rates for U.S. crude tankers bound for Asia hit an all-time high on with two Suezmax-class tankers, which can carry about 800,000 to more than 1 have shorter shipping distances, or spot premiums for long-distance 31 Oct 2018 TOKYO -- After a prolonged slump, spot freight rates for crude oil tankers are rising sharply amid tightening supply of the vessels due to the on the level of loan interest, fixed operating costs depreciation (or amortization) and. G&A expenses. Each $5,000 uplift in both VLCC and Suezmax rates. 8 Jul 2014 Most of their decisions are based on the level of freight rates, adapting Suezmax, Aframax, Panamax, Handysize—Bulk carriers: Capesize, 9 Oct 2019 Based on Poten & Partners' assessments, spot VLCC earnings on suezmax head Robert Boles, citing tight supply is driving up freight rates. 12 Nov 2018 Continuing low freight rates led to negative overall earnings for the employed on the spot market via Stena Sonangol Suezmax Pool, con-.