Fearnleys Weekly

Tankers

Despite a week with holidays involved world wide tonnage both in the meg and West Africa has steadily been fixed off. Rates Meg/East have come down further as ships ‘with needs’ are having a dampening effect on the se...

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Dry bulk

With holiday in London on Monday the week didn’t really start before Tuesday when the activity picked up. However the market remains in the doldrums, especially in the Pacific where the levels are really coming down....

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Gas

Mayday and Japanese/Korean Golden Week holidays influenced spot activity in the VLGC market over the last week. Despite this, the Baltic VLGC index has continued its ascent albeit at a slower pace over the last few da...

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Newbuilding

With several holidays over the last week, rather few new orders have emerged. TSM (Tianjin Southwest Maritime) added two more VLGCs to their existing order at Jiangnan. An order for two handysize bulkers was placed at...

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Updated