Aframax Market Report – Week of April 24-28, 2017
MARKET DIRECTION UKC: OVERLOADED MARKET DIRECTION MED: SLIGHT RISE MARKET DIRECTION AMERICAS: FIRMING! RATE ESTIMATES ————– 70 CBS/USG: WS127.5 FIRMING!! 80 CROSS MED: WS107.5 POISED 80 BKSEA/MED: WS110 POISED 80 NSEA/UKC: WS102.5 STEADY 100 PRIMORSK/UKC: WS82.5 FRAIL DEMURRAGE.(US): $25,000.00 PD+/- DEMURRAGE.(UKC/M): $21,000.00/24,000.00 PD+/- USG LIGHTERING: $26,750.00 PD+/- MIN 3DAYS/ONE…
Read MoreSuezmax 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 …
Read MoreVLCC Market Report – Week of April 24-28, 2017
MARKET DIRECTION……..: TWO TIERED MARKET RATE ESTIMATES ————– AG/USG: 280 X W33.5 – FIRM TCE= $24200.00 (SPORE-RAS TANURA-LOOP) WAFR/USG: 260 X W67.5 – FIRM TCE= $35000.00 (HOUSTON – BONNY – HOUSTON) WAFR/EAST: 260 X W62.5 – ACTIVE TCE= $29800.00 (SPORE – BONNY – NINGBO) NSEA/SPORE: 270 – LS3.8M – FIRM TCE= …
Read MoreVLCC Market Report – Week of April 17-21, 2017
MARKET DIRECTION……..: POISED RATE ESTIMATES ————– AG/USG………..: 280 X W40 – FIRM TCE= $30200.00 (SPORE-RAS TANURA-LOOP) WAFR/USG………: 260 X W77.5 – FIRM TCE= $39000.00 (HOUSTON – BONNY – HOUSTON) WAFR/EAST……..: 260 X W72.5 – ACTIVE TCE= $36800.00 (SPORE – BONNY – NINGBO) NSEA/SPORE…….: 270 – LS3.7M – FIRM TCE= $31000.00 (GIBRALTAR…
Read MoreSuezmax Market Report – Week of 17-21, 2017
MARKET DIRECTION……..: “TESTY” RATE ESTIMATES ————– 150 CBS/USG…..W67.5 – FLAT TCE:$25600 130 CBS/SPORE…LS$2.95M – FLAT TCE:$24000 130 WAF/USG…..W80 – FIRMING TCE:$19400 130 WAF/UKC-MED.w85 – FIRMING TCE:$17800 135 NSEA/TA…..W62.5 – steady TCE:$17100 135 S.KERIR/MED.w80 – FIRMING TCE:$17800 140 BLKSEA/UKCM.W85 – FIRMING TCE:$17000 130 MED/TA……W62.5 – POISED TCE:$15900 …
Read MoreAframax Market Report – Week of April 17-21, 2017
MARKET DIRECTION UKC…..: OVERLOADED MARKET DIRECTION MED…..: STEADY/SLOW MARKET DIRECTION AMERICAS: SLOWING RATE ESTIMATES ————– 70 CBS/USG……: WS112.5 ACTIVE-WEAKENING? 80 CROSS MED….: WS107.5 POISED-ISH 80 BKSEA/MED….: WS105 POISED-ISH 80 NSEA/UKC…..: WS107.5 STEADY 100 PRIMORSK/UKC.: WS92.5 FRAIL DEMURRAGE.(US)…: $21,500.00 PD+/- DEMURRAGE.(UKC/M): $23,000.00/24,000.00 PD+/- USG LIGHTERING…: $22,750.00 PD+/- MIN 3DAYS/ONE LIGHTERING – ??? ************…
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