Fearnleys Weekly


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...

Read more

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...

Read more


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...

Read more


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...

Read more