Fearnleys Weekly

Tankers

A relatively active week for the VLCC’s despite the fact that it appears a bit slow. The activity is well under the ‘radar’ and particularly Chinese ships are being hoovered up for local business, but also non-Chinese...

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Dry bulk

Freight rates remain at historically low levels. In the Atl basin we have seen a decent flow of cargoes this week but they covered at rock bottom levels. Only flashes are grains from USG and ECSA paying up from last...

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Gas

In the unfavourable trading environment lately where FOB/CFR margins have been thin and West to East arbitrage practically shut, the owners gave in to a certain extent and both actual fixtures and the Baltic VLGC inde...

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Newbuilding

Quiet week in the newbuilding market. The only new order to report this week comes from German`s Jungerhans for 4 firm plus 4 optional 1000 TEU Feederships at the Zhoushan Changhong shipyard. Delivery slated for 3rd q...

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Updated