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Tankers: Stability is the Norm in the VLCC Market | Hellenic Shipping News Worldwide

VLCC In the Middle East the market for 280,000mt to US Gulf (routing via the Cape/Cape) continues to be assessed at WS19-19.5 level and rates for 270,000mt to China have also remained flat at the WS36-36.5 region (showing a round-trip TCE of $3250/day). In the Atlantic, rates for 260,000mt West Africa to China are assessed .

Tankers: VLCC Market Firms Up | Hellenic Shipping News Worldwide

VLCC In the Middle East the market for 280,000mt to US Gulf (routing via the Cape/Cape) is assessed slightly firmer at WS19-19.5 level, up almost a point from last week. Rates for 270,000mt to China are two points firmer at WS34.5 (showing a round-trip TCE of $1700/day) and overnight reports show a couple of ships .

VLCC: Tanker Markets In Limbo | Hellenic Shipping News Worldwide

VLCC: Tanker Markets In Limbo VLCC In the Middle East, the market for 280,000mt Middle East to US Gulf (routing via the Cape/Cape) is assessed almost a point lower than last week on the back of a weaker market in general. Rates for 270,000mt to China have eased 2.5 points to WS32.5/33 level (showing a round-trip TCE of $800/day) with sentiment being weaker no doubt partly due to the Far Eastern holidays earlier this week. In the Atlantic, rates for 260,000mt West Africa to China fell back seven points to mid WS30s (a round trip TCE of $1.4k/day) and 270,000mt from US Gulf to China saw rates dropped about $220k to $4.37m (about $5.5k/day TCE round-trip).

Tankers: VLCC Market Steady During the Past Week | Hellenic Shipping News Worldwide

Tankers: VLCC Market Steady During the Past Week | Hellenic Shipping News Worldwide
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