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Suezmax Market Report – Week of April 24-28, 2017

MARKET DIRECTION……..: AREA SENSITIVE! RATE ESTIMATES ————– 150 CBS/USG:    W72.5   – UNSURE     TCE:$25600 130 CBS/SPORE:  LS$2.8M – UNSURE     TCE:$24000 130 WAF/USG:    W90     – FIRM       TCE:$21400 130 WAF/UKC-MED:W95     – FIRM       TCE:$19800 135 NSEA/TA:    W72.5   – STEADY     TCE:$21100 135 S.KERIR/MED.W100    – POISED     TCE:$23800 140 BLKSEA/UKCM.W105   …

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Shipping News – February 8, 2017 – Platts

Venezuela tanker delays costly Some owners charging upfront because of long waits at ports FEATURE Houston—Tanker owners have started pushing for “undisputed demurrage” clauses into charter party agreements for ships traveling to Venezuela because of long delays for port calls, some exceeding 30 days, knowledgeable industry sources said. The undisputed demurrage is usually paid on…

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