VLCC The first full week back has yielded little change, with the increased flat rates for this year seeing the fixing rates reduced to maintain the floor. For 280,000mt Middle East Gulf/USG (via Cape of Good Hope) the market continues to be assessed at around the WS18.5 level. Charterers have been busier this week on .
VLCC As we start a new year we’ve seen a slow take-up the new increased flat rates with most charterers and owners this week maintaining fixtures on the old flat rates. All of the Baltic’s tanker assessments are now based on the 2022 Worldscale though. Activity is ticking over and rates have been relatively flat .
VLCC The market had a minor rebound this week. On 280,000mt Middle East Gulf to US Gulf (Cape/Cape routing) levels held around the W20.5 mark while the rate for 270,000mt Middle East Gulf to China recouped 2.19 points to W40.05 (showing a roundtrip TCE of $891/day). In the Atlantic market, rates for 260,000mt West Africa .
VLCC Another slight slippage of the rates was seen this week. For the 280,000mt Middle East Gulf to US Gulf (Cape/Cape routing) trip, rates are maintained at WS21.5 level. However, the rate for 270,000mt Middle East Gulf to China eased almost a point to just below WS42 (a roundtrip TCE of $135/day). In the Atlantic, .
VLCC Further rate gains have been seen as Chinese charterers amongst others were a little more active in the Middle East and Atlantic regions. For the 280,000-mt Middle East Gulf to US Gulf (Cape/Cape routing) market rates are assessed a point firmer at WS22.5 level, while the rate for 270,000-mt Middle East Gulf to China .