Home /Shipping Market/ Weekly Tanker Time Charter Estimates, May 25 2016
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thanhvien
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Gender: _NEUTRAL_
Date: 30/05/2016
Weekly Tanker Time Charter Estimates, May 25 2016
#post321

Oil prices are expected to be held down, as producers likes Iran and Iraq will offset disruption from higher cost producers.

Tanker market activity is very slow as oil traders are willing to risk a loss on cargoes as they load barrels onto tankers for storage.
VLCCs are trading at $39,500 period fixtures while Afras & MRs are trading at $22,500 and $23,000 per day for 1 YR TCs respectively.

Alibra Wet Rates 21wk

 
 

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