The activity for the VLCCs did ease off during last week both ex MEG and West Africa. The charterers have held back in attempts to squeeze rates and have managed to shave a little off the peaks. The June program in th...
The Atlantic had a fairly stable week demand wise, even though rates are still sliding slowly downwards. TA’s are now paying ard USD 4k. It’s still the grains that keeps the market alive, but not kicking. The South Am...
Even though we saw a small downwards correction on the Baltic VLGC Index Rate yesterday (USD 111.50 pmt/down USD 0.188 pmt) the VLGC market remain bullish. Several VLGCs are facing delays in India. Consequently, vesse...
Apart from a few ongoing container projects, the market remains rather quiet. Hyundai finalized selling out their remaining slots for 2016 as reported below.