Fearnleys Weekly


Another slow week in the Vlcc market in the Meg. The March program remains thin with only some 40 deals done and a very thin first decade cargoes. Part of it may be a number of the ships previously taken on period/sto...

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Dry bulk

Atlantic fairly flat, we see some more cargoes and the activity is somewhat higher. However rates remain still very poor. Coal cargoes from Usg to east med/Black sea covered at usd 11 pmt which equal to low 4000 per d...

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The Indians are still putting new cargoes for March loading on the market. The number of vessels available is limited and the rates obtained showing above USD 4.0 mill (lumpsum), which is more than the double of what...

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Low activity this week as expected. Now, as Chinese new year is coming to an end, it will be interesting to see whether and to what extent prices will remain under a certain pressure.

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