Tanker bulls retreat amid subpar ex-Cosco VLCC fixture
Daily TCE assessments for VLCCs, suezmaxes, aframaxes, LR1s and MRs are all falling on the Baltic Exchange
Tanker bulls retreat amid subpar ex-Cosco VLCC fixture Read More »
Suezmax period rates jump on buoyant spot trade
Teekay Tankers reportedly fixes out three ships at progressively higher rates
Suezmax period rates jump on buoyant spot trade Read More »
Supply and demand factors key to VLCC earning peaks
TradeWinds’ archive shows spikes in 2004, 2007, 2018 and 2019 were underpinned by tight vessel supply and Chinese oil demand, while geopolitical tension played a minor part
Supply and demand factors key to VLCC earning peaks Read More »
Owners fall ‘back to earth’ as VLCCs drop back to $135,000 per day
Earnings frenzy settles as tanker fixtures fail and oil firms relet
Owners fall ‘back to earth’ as VLCCs drop back to $135,000 per day Read More »
Owners fall ‘back to earth’ as VLCCs drop back to $135k per day
Earnings frenzy settles as tanker fixtures fail and oil firms relet
Owners fall ‘back to earth’ as VLCCs drop back to $135k per day Read More »