Fearnleys Weekly

Tankers

The activity in the VLCC market dwindled away as expected due to Chinese New Year and IP week in London distracting charterers interest and focus on the spot market. Rates ex MEG remained stable as the month is comin...

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Dry bulk

With Chinese New Year and most Asian countries away at the beginning of the week, it has been a very slow start. Rates are hovering around same levels as last done while the upcoming ECSA grain season is relighting so...

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Gas

The VLGC market was as quiet as we expected last week, most of Asia was away on Chinese New Year holidays at the same time as a big portion of the LPG community was/still is in London for the IP week. The VLGC freight...

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Newbuilding

No new orders to report this week. The lack of activity is naturally explained by Lunar New Year, however, on top of the holiday season, the shipbuilding market remains weak and prices are sliding. We expect to see mo...

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Updated