Home /Shipping Market/ Weekly Tanker Time Charter Estimates, November 02 2016
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thanhvien
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Date: 07/11/2016
Weekly Tanker Time Charter Estimates, November 02 2016
#post1398

After the fatal explosion of the Colonial Pipeline in Alabama, Transatlantic market has sky rocketed especially for tonnage up to MR tankers.

The pipeline carrying gasoline could be down until at least Saturday, and the distillate line needs at least four days to be operational.
In the meanwhile BDCI, picked up 88 points since Monday reaching 505 while BDTI remained stable at 655 points.
Rates for MRs fixed for 1 year period can achieve $11,500/pdpr while for two year contacts the rates are estimated to be around $12,750 this week.

Alibra Wet TC Estimates wk44


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