Fearnleys Weekly


A week with very low volumes for the VLCCs has increased the pressure on rates and have softened some. The August program in the MEG about to start in earnest, but the tonnage list has grown considerably and charterer...

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Dry bulk

Another active week with increasing rates in both hemispheres. The Atl market is again the region that keep the momentum up, especially in the north Atl/Black Sea. Straight TA’s are being fixed at ard 11k’s. However B...

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The VLGC market has carried on in the doldrums, and there doesn’t seem to be any quick fix to get it back on track in the short term. Returns on the reported fixtures are pretty much at OPEX level in the East, i.e. ro...

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Moderate newbuilding activity as we enter the European summer Holiday season. Last week’s activity dominated by repeat orders. Maran Tankers returned to DSME for an order of 4 VLCCs. The Greek owner has currently a to...

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