Fearnleys Weekly

Tankers

After a couple of weeks with sluggish activity for the VLCCs things appear to have changed some. Increased activity for all the major routes has managed to balance out the oversupply of tonnage in most areas. The stea...

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Dry bulk

A good start to the week with Cape splits continuing to assist rates in both hemispheres. TA's are fixing excess USD 5,600 on timecharter trips, however the voyage rates are lagging and paying much less. Mid week it s...

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Gas

It has not been a busy week in the VLGC market as far as actual, confirmed fixtures is concerned, but the chartering mood was not too bad although it resulted in quite a few failed fixtures. The Baltic VLGC index cont...

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Newbuilding

Modest activity in the newbuilding market. Two separate chemical tanker orders in Korea and China by Hana Marine (3,500 dwt) and Sirius Rederi (7,999 dwt) respectively. No price reported. In addition, Topaz Energy pla...

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Updated