10 Jan 2020 With rates climbing over $70000 per day for Suezmax ships, the tanker industry is experiencing a true boom. NAT shares gained 110% in 2H19  15 Oct 2019 Frontline, controlled by the Norwegian-born billionaire John Fredriksen, in August agreed to buy 10 Suezmax crude oil tankers built in 2019 from  9 Mar 2020 Shares in Frontline, the oil tanker giant controlled by Norwegian billionaire John On the same day that crude oil prices fell by 20% and oil giants like Frontline has 24 very large crude carriers, 28 suezmax tankers, and 20 

27 Dec 2019 Daily rates on main tanker routes as compiled by shipbroker Charles R. Weber. Charles R. Weber Tanker Market Updated by 10am EST Daily  2 days ago However, chartering rates for smaller Suezmax and Aframax vessels haven't Oil tanker rates roar to new records amid geopolitical risks  14 Oct 2019 Likewise, suezmax rates on the West Africa-China route reached were still possible as traders and oil companies re-examined loading  Teekay has developed from a regional shipping company into one of the world's largest marine energy transportation, storage & production companies. Global news, analysis and prices for the tanker market. Latest Tankers Market Insights. See the Tankers news. See the Agriculture, LNG, Oil, Metals,. 10 Jan 2020 With rates climbing over $70000 per day for Suezmax ships, the tanker industry is experiencing a true boom. NAT shares gained 110% in 2H19 

Global news, analysis and prices for the tanker market. Latest Tankers Market Insights. See the Tankers news. See the Agriculture, LNG, Oil, Metals,.

Suezmax. In the West Africa to UK-Continent (UK-C) market, owners rode the metaphorical wave caused by the VLCCs and were able to push rates for 130,000mt to WS135 level, more than doubling last week’s rate. Rates for 135,000mt Black Sea to the Mediterranean have risen 44 points to WS127.5-130 level. Cheap oil sends tanker rates soaring. Tsakos Energy Navigation has sold three suezmax vessels and two product tankers. The sale strengthens the Greek shipping company's cash position while also reducing its debt. Oil price plunge is not all bad news for container lines and tankers. compass maritime tanker values asset class nb contract nb prompt 5 year 10 year 20 year delivery tankers size (dwt) (all numbers in us $ millions) vlcc 300,000 91 102 75 50 23 suezmax 160,000 61 71 52 35 12 aframax 115,000 51 55 40 28 10 panamax - lr1 70,000 43 43 32 19 7 mr tanker 51,000 37 39 29.5 18 6 -25.00 25.00 Teekay has developed from a regional shipping company into one of the world’s largest marine energy transportation, storage & production companies. Despite a high volume of newbuilding deliveries in the Suezmax tanker market over 2017 which led freight rates levels to average lows of $14,000/day, demand growth evolution could help return the BPCL has set a floor rate of $15,000 per day and a cap of $27,000 per day for hiring a ten-year-old Suezmax tanker that can carry as much as 130,000 mt of crude oil for five years that is

Spot tanker rates in the second quarter of 2014 averaged significantly higher compared to the same period last year. Suezmax rates improved by $4,000 per day or 33% year-over-year.

Tanker: Record year for Suezmax spot rates. CEO of Nordic American Tankers, Herbjørn Hansson, points to several things indicating a rebound of the crude oil market. For Tsakos Energy Navigation , 43% of its crude tanker fleet is Suezmax vessels. Aframax rates. According to Weber’s weekly report, the rates on the Caribbean Aframax market eased in week 14 due Likewise, suezmax rates on the West Africa-China route reached $278,057 per day, gaining nearly $135,000 in 24 hours last Friday. They steadied to $255,169 daily on Monday. Aframax rates also appeared to be stabilising, although brokers warned that spikes were still possible as traders and oil companies re-examined loading schedules. Suezmax. In the West Africa to UK-Continent (UK-C) market, owners rode the metaphorical wave caused by the VLCCs and were able to push rates for 130,000mt to WS135 level, more than doubling last week’s rate. Rates for 135,000mt Black Sea to the Mediterranean have risen 44 points to WS127.5-130 level. Dirty VLCC MEG/Jap - 260,000. Dirty Suezmax Wafr/UKC - 130,000 6 months

Dirty VLCC MEG/Jap - 260,000. Dirty Suezmax Wafr/UKC - 130,000 6 months

Global news, analysis and prices for the tanker market. Latest Tankers Market Insights. See the Tankers news. See the Agriculture, LNG, Oil, Metals,.

15 Apr 2019 Suezmax rates have fallen considerably. OPEC asked Nigeria to cut its crude oil production by 3.04% to 1.685 million bpd (excluding 

13 Nov 2019 Suezmax tanker Suez Fuzeyya: delivering HSFO fuel oil from Jordan to rates leap from US$35,000/day to US$300,000/day before subsiding  10 Oct 2019 A Cosco tanker being loaded with oil near Saudi Arabia in 2018. Smaller Suezmax tankers also cost more than $100,000 a day even though  16 Aug 2011 Crude oil tanker rates on the major Middle East route fell on Monday Rates for suezmax tankers on the Black Sea to Med route to reached  Suezmax Specialists. Well-maintained vessels Latest News. 03/18/2020. Nordic American Tankers Ltd (NYSE: NAT) – A share buy-back has been decided 20 Feb 2019 Oil product tankers were only seeing profitable spot freight rates in only the Suezmax tanker is currently bound for China, with four of the  15 Apr 2019 Suezmax rates have fallen considerably. OPEC asked Nigeria to cut its crude oil production by 3.04% to 1.685 million bpd (excluding 

Suezmax. In the West Africa to UK-Continent (UK-C) market, owners rode the metaphorical wave caused by the VLCCs and were able to push rates for 130,000mt to WS135 level, more than doubling last week’s rate. Rates for 135,000mt Black Sea to the Mediterranean have risen 44 points to WS127.5-130 level. Dirty VLCC MEG/Jap - 260,000. Dirty Suezmax Wafr/UKC - 130,000 6 months