Home /Shipping Market/ Weekly Tanker Time Charter Estimates, June 29 2016
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thanhvien
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Date: 30/06/2016
Weekly Tanker Time Charter Estimates, June 29 2016
#post337

The effect of the Brexit is still uncertain.

Brent oil dropped to a 7-week low on Monday but the shock has since steadied with price standing at 48.39USD/bbl as of Wednesday.
Meanwhile the newly expanded Panama Canal is expected to ease US energy transport from the US East Coast towards Asia, says Fitch.
Tanker sector still in cold state whilst everyone is waiting for a signal to happen.
Period VLCC rates are still moving downwards, hovering at around $38,500/day this week.

Alibra Tanker TC Rates 26wk


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