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Tankers: Clear Market Rise Hits the Brakes | Hellenic Shipping News Worldwide - Vimarsana News

Tankers: Clear Market Rise Hits the Brakes | Hellenic Shipping News Worldwide

Clean In the Middle East Gulf the LR dynamics look to still be favouring voyages west at the moment. TC1 75k Middle East Gulf / Japan, after plateauing at a shade over WS300, then dropped incrementally into the high WS290s at the end of the week. The LR1s have followed suit with their larger sisters. ...

Product Tankers on a High, While VLCCs Still Underperforming | Hellenic Shipping News Worldwide - Vimarsana News

Product Tankers on a High, While VLCCs Still Underperforming | Hellenic Shipping News Worldwide

Clean In the Middle East Gulf the LR market has continued to drive upwards this week. LR2s of TC1 75k Middle East Gulf / Japan climbed 51.43 points to WS288.57 returning just under $60,000 /day round trip TCE. The LR1s have also pushed but with lesser traction. TC5 55k Middle East Gulf / Japan came ...

Tankers: VLCC Market Softened This Week | Hellenic Shipping News Worldwide - Vimarsana News

Tankers: VLCC Market Softened This Week | Hellenic Shipping News Worldwide

Clean Upswings in freight for the majority of CPP vessels this week was highlighted by the BCTI rising 173 points to 1249. In the Middle East Gulf, firm sentiment and thinning tonnage has driven the LR2s of TC1 75,000 Middle East Gulf / Japan up 72.86 points to WS234.29. The LR1s also followed suit and ...

Tankers: VLCC Market Under Pressure | Hellenic Shipping News Worldwide - Vimarsana News

Tankers: VLCC Market Under Pressure | Hellenic Shipping News Worldwide

Clean An upturn in freight this week in the Middle East Gulf. The LR2s of TC1 75k Middle East Gulf / Japan came up 10.71 points to WS148.57. The LR1s also jumped and TC5 55k Middle East Gulf / Japan is currently WS193.57 (+29.64) and a trip west (TC8) has breached the $3m mark, now ...

Tankers: VLCC Market Keeps Improving | Hellenic Shipping News Worldwide - Vimarsana News

Tankers: VLCC Market Keeps Improving | Hellenic Shipping News Worldwide

Clean The Middle East Gulf LRs have been subject to lesser demand again this week. The LR2s of TC1 75k Middle East Gulf / Japan have dropped again and are currently pegged at WS130. The LR1s also dropped, TC5 55k Middle East Gulf / Japan is currently heading towards WS150 and a trip west (TC8) ...