Suezmax spot freight rates

Dirty tanker freight rates for VLCC, Suezmax and Aframax classes declined by an average of 5%, 20% and 22%, respectively. Clean tanker spot freight rates were equally affected by the weakening trend as they were impacted by general bearish sentiment prevailing in the tanker market in February. The average Suezmax rates dropped from $5,603 per day on March 29 to $5,426 per day on April 6, 2018. Nordic American Tankers ( NAT ) only has Suezmax vessels in its fleet. 50% of Teekay Tankers

10 Oct 2019 Spot rates for sailing a very large crude carrier between the Gulf and China Smaller Suezmax tankers also cost more than $100,000 a day even though Oil traders said the new maritime shipping rules, as well as seeing  low and volatile freight rates in its various segments Spot container shipping rates in Asia–Europe trade VLCCs and the Suezmax markets were boosted. period for VLCC Spot (or voyage) tanker freight rates that have been expressed, fixtures is 20.7 days, while the average laycan period for Suezmax negotiated  3 days ago Surging Demand to Move Crude Oil Sends Smaller Tanker Rates Freight charges to ship oil in Suezmax tankers, which can hold about 1 

8 Jul 2014 Most of their decisions are based on the level of freight rates, adapting Suezmax, Aframax, Panamax, Handysize—Bulk carriers: Capesize, 

WEEKLY SPOT RATE ($/day). 38,000 Suezmax, 130, WAF-UKC, 25,600, 41,100 21 : 02. CSSC Shipping agrees Sinokor boxship sale and charterback deal. 29 Oct 2019 Euronav's Suezmax fleet trading on the spot market has earned about US $27,300 per day on average, with 48% of available days fixed. 10 Oct 2019 Spot rates for sailing a very large crude carrier between the Gulf and China Smaller Suezmax tankers also cost more than $100,000 a day even though Oil traders said the new maritime shipping rules, as well as seeing  low and volatile freight rates in its various segments Spot container shipping rates in Asia–Europe trade VLCCs and the Suezmax markets were boosted.

9 Oct 2019 Based on Poten & Partners' assessments, spot VLCC earnings on suezmax head Robert Boles, citing tight supply is driving up freight rates.

9 Oct 2019 Based on Poten & Partners' assessments, spot VLCC earnings on suezmax head Robert Boles, citing tight supply is driving up freight rates. 12 Nov 2018 Continuing low freight rates led to negative overall earnings for the employed on the spot market via Stena Sonangol Suezmax Pool, con-. 7 Oct 2019 Presently the Suezmax spot market is reported to about $68,000/day, to benefit directly from this exceptional run up in Suezmax freight rates. Teekay has developed from a regional shipping company into one of the world’s largest marine energy transportation, storage & production companies. Teekay Tankers Ltd. Market Insights Teekay Marine Markets, Tanker Update Watch this space for Teekay's regular update on the tanker market. As of June 12, spot rates for MEGI carriers remained flat week-on-week, at $74,000 per day. Mehrotra believes this is only a pause. “We continue to project firming LNG shipping rates throughout the remainder of 2019 as liquefaction capacity additions are back-end weighted. Suezmax owners’ earnings have surged by more than 350% on average worldwide since the beginning of September. Charterers are currently paying $3.92 per barrel (WS245), as opposed to $1.84 (WS115) in early September for a Suezmax cargo West Africa-U.S. Gulf, and $1.61 per barrel (WS240) for an intra- Med cargo,

Under the rules that took effect June 1, ships' cranes must have a safe working limit, or SWL, of at least 20 mt to operate at the single point mooring system of the Basrah Oil Terminal. But around 75% of ships in the global Suezmax fleet have cranes with 15-mt safe working

9 Oct 2019 Based on Poten & Partners' assessments, spot VLCC earnings on suezmax head Robert Boles, citing tight supply is driving up freight rates.

As of June 12, spot rates for MEGI carriers remained flat week-on-week, at $74,000 per day. Mehrotra believes this is only a pause. “We continue to project firming LNG shipping rates throughout the remainder of 2019 as liquefaction capacity additions are back-end weighted.

Two Chinese shipping companies have been hit by US sanctions as part of the Spot rates for tanker vessels soar yet again due to the current geopolitical unrest. Tsakos Energy Navigation has sold three suezmax vessels and two product 

22 Oct 2019 Platts Analytics sees freight rates easing quickly while the WAF-Far East Suezmax rate hit a record $88.80/mt. For example, India Oil Corp. said it was reducing its spot purchases following the increase in freight rates. WEEKLY SPOT RATE ($/day). 38,000 Suezmax, 130, WAF-UKC, 25,600, 41,100 21 : 02. CSSC Shipping agrees Sinokor boxship sale and charterback deal. 29 Oct 2019 Euronav's Suezmax fleet trading on the spot market has earned about US $27,300 per day on average, with 48% of available days fixed. 10 Oct 2019 Spot rates for sailing a very large crude carrier between the Gulf and China Smaller Suezmax tankers also cost more than $100,000 a day even though Oil traders said the new maritime shipping rules, as well as seeing  low and volatile freight rates in its various segments Spot container shipping rates in Asia–Europe trade VLCCs and the Suezmax markets were boosted.