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VLCC An upturn all around for the VLCC this week. In Middle East markets, Rates for 280,000mt Middle East Gulf/USG (via Cape of Good Hope) came up to 19.5 level, while on the 270,000mt Middle East Gulf/China route rates climbed consistently all week to WS38.82 (which shows a round trip TCE of minus $5,800 per ...
VLCC There is a continued weakness in the Atlantic and Middle East markets. Rates for 280,000mt Middle East Gulf/USG (via Cape of Good Hope) remain at the WS16-16.25 level, while on the 270,000mt Middle East Gulf/China route rates slipped almost a point to WS32 (which shows a round trip TCE of minus $13,100 per day). ...
VLCC The market remains weak in both the Atlantic and Middle East. Rates for 280,000mt Middle East Gulf/USG (via Cape of Good Hope) slipped a point to the WS16.25 level, after Exxon were reported to have taken a Cosco vessel to the UK Continent via Suez at WS16. For the 270,000mt Middle East Gulf/China route, ...
A static week for the VLCC market, despite approaching Chinese New Year. For 280,000mt Middle East Gulf/USG (via Cape of Good Hope) the market remains at WS17.5 while 270,000mt Middle East Gulf/China route was maintained at WS35.5 (which shows a round trip TCE of minus $5,200 per day), with Unipec reported taking three modern ships ...
VLCC This sector sunk a little further this week. For 280,000mt Middle East Gulf to USG (via Cape of Good Hope) the market is assessed half a point lower at the WS17.5-18 level. Weakness was also been seen in the 270,000mt Middle East Gulf to China route where rates have slipped a point to WS35.5 ...