Home /Shipping Market/ Weekly Tanker Time Charter Estimates, November 16 2016
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thanhvien
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Date: 18/11/2016
Weekly Tanker Time Charter Estimates, November 16 2016
#post1405
This week oil prices rebounded almost 5% due to OPEC’s efforts to cut the output.

As stated, OPEC is planning to agree on a freeze or cut to oil production among its members.
In the spot market Aframax rates hit new year high for cross-Med voyages reaching WS140.
On the other hand period rates for Aframaxes were slightly higher for 1Year TC reaching $17,250 pdpr while
bigger VLCC rates for 1 year are expected to be on the same levels, around $30,000 pdpr.

Alibra Wet TC Estimates wk46


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