Over the past week the VLCC market saw continued steady activity especially ex MEG and Wafr. Charterers tried to secure tonnage cautiously off the market to avoid rates firming further up. All in vain as the market d...
The firm tendency continues in both hemispheres, especially in North Atlantic. Longhauls out of NOPAC, USG and ECSA combined with weather delays contribute to the solid levels. T/A rounds in 18-20k range, and even sol...
There have been a few VLGC fixtures last week with the USG loadings still fetching a good premium over and above the Baltic Index as well as the actual fixtures in the East. We are looking at a freight market that app...
Slow newbuilding activity with no new orders to report over the past week.