Vlcc rates today Tanker market Dirty spot freight rates for VLCCs and Suezmax experienced an improved performance in September, while Aframax rates MEG LR2 rates declined, with TC1 dropping to WS153. 4% to a new peak since March Oil shipping rates extended their rally on expectations of a tightening in global tanker supply from wider US sanctions on Russia's fleet and traders' demand for ships to load The VLCC MEG-China freight rates have dropped to 47 WS, reflecting a 30% year-over-year decline. S. Ultramax Freight Rates VLCC rates have risen sharply as new cargoes drained the tonnage pool for the big tankers. However, most of the activity has gone The caveat of the abrupt upswing: VLCC rates are extremely volatile and the rise was off a low base. A low orderbook and sanctions news have put a spotlight on the largest asset VLCC rates up 24% in a day as pressure mounts on charterers Markets likely to remain volatile, with scrubber-fitted ships enjoying huge VLCC market has gone from ‘full’ to ‘overflowing’, DHT head says as rates double Svein Moxnes Harfjeld has a hard time picking just VLCC spot rates have shot up following new US sanctions that in effect removed a swathe of shadow fleet ships from the market. sanctions on Russia's fleet and traders' demand for ships to VLCC rate bounce offers glimmers of hope Other analysts are more optimistic, highlighting the recent bounce in VLCC rates. Rates were pushed lower to USD Oil companies BP and PTT jumped into the VLCC spot market for two straight days, benefiting from declining rates that have hit their In recent weeks, VLCC rates on the benchmark Middle East-to-China route hit the threshold of $100,000 per day. On Monday, the Baltic Exchange’s weighted average of time-charter equivalent VLCC spot rates rose to $60,560 per day, up 15% from Friday Stock traders are rapidly losing faith in the thesis that severe US sanctions on Russia will cause a sustained gain in VLCC rates. VLCC rates continue to trade in a band between W125-130 MEG/East for modern unhampered tonnage. Tanker owners and Analysts said on Friday that current FFA rates on the Middle East Gulf to China route imply VLCC earnings could jump over $40,000 per day in July. Oil shipping rates extended their rally on expectations of a tightening in global tanker supply from wider U. 4% to a new peak since March There are plenty of opinions out there on VLCC rates, Fearnleys said, but the general consensus is still strength. 000 dollar dagen i løpet av én måned, og en suezmax tjener nå rundt 10. The Baltic Exchange assessed Middle The Freightos Baltic Indices (FBX) reflect weekly spot rates for 40-foot containers. Pools player Tankers VLCCs are enjoying a moment in the spotlight. This is the second bounce in the past month — and the first one didn’t hold. Spot rates had almost halved from red-hot levels of close to $100,000 per VLCC rates had begun to firm significantly after the US Office of Foreign Assets Control announced a new raft of sanctions on the shadow fleet Jan. Earnings for eco tankers now stand at an average of $34,300 per day, down 7% VLCC rates out of the Middle East Gulf have roared back in recent weeks to become the richest route in an ever-stronger market. The Norwegian broker assessed the benchmark Middle Tanker fixtures have slowed to a trickle in the Middle East Gulf as Israel and Iran continued to launch missile attacks. VLCC owners are already benefiting from uncertainty caused by US sanctions and Chinese port fees. Ship Chartering. However, most of the activity has gone underground which has left it up As of Thursday, the Baltic Exchange suezmax index was at $25,110 per day and the aframax index was at $26,410 per day. Supramax Freight Rates. This week they Steadily rising tanker rates during August were superseded last week by a strong surge, taking a handful of VLCC fixtures into six But what business there was attracted much higher rates, with VLCC spot earnings jumping 20% on Friday. How much does it cost to charter a bulk carrier? Handy Freight Rates. The VLCC freight market slipped to an average of $29,800 a Tankers VLCC VLCC rates continue to trade in a band between W125-130 MEG/East for modern unhampered tonnage. Tirsdag bestilte Shell tre VLCC-er, med kapasitet på 2 millioner fat olje. However, most of the activity has gone Freight rates for very large crude carriers (VLCC)in the Mideast Gulf soared today to the highest since the start of May, as the escalating conflict between Israel and Iran creates significant Tanker rates and shares split: VLCC banks $140,000 per day as equities slide Tankers Frontline dreams of higher VLCC spot exposure as day rates soar past $90,000 Lars Barstad explains the punchy big-tanker market This report (including any future rates and/or forward-looking statements contained herein) are prepared by Clarksons Platou AS for general information purposes and for therecipient’s VLCC spot rates have hit a new low for 2024 as stable period charter rates prompted analysts to hold firm to a belief in an upside for VLCC spot rates have spiked by another $16,000 per day as vessels capitalise on a boost in demand for mainstream vessels following last The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities, advanced for the tenth straight session on Wednesday, rising 3. MEG MR rates fell, but USG MRs surged, with Rates for the largest crude tankers rose again on Tuesday, with Clarksons’ fleet weighted average hitting $59,700 per day, up 1. 33, while LR1 rates strengthened, with TC5 rising to WS180. The data includes a headline index – the FBX Global Container Index – a weighted average of the 12 Supertanker freight rates jumped after the U. Lack of rate momentum, concerns over The outlook for VLCC, Suezmax, Aframax and MR tankers in 2025 reflects mixed growth, shaped by fleet expansion, demand shifts Bunker Prices Daily Indicative Bunker Prices in USD/MT Worldwide Exchange Rates Daily Updated Currency Exchange Rates. He increased his forecast for eco-type VLCC daily rates in 2026 and 2027 from the previous Tanker - Weekly Market Monitor Snapshot of Crude and Product Freight Rates, Supply-Demand Week 04, January 24, 2025 Chart of the Week: VLCC AG & Aframax Latest tanker freight market analysis showing mixed movements across segments with LR2 firming, VLCC gains, MR recovery in Atlantic, and varied performance in Snapshot of Crude and Product Freight Rates, Supply-Demand Week 10, 6 March, 2025 Chart of the Week: VLCC Dirty Tonne Tankers & Gas Stay informed with the latest news, analysis, and insight impacting the crude, LNG, and LPG sectors through our The costs of chartering tankers to move oil from the Middle East to Asia have climbed and ship bookings have slowed as the Israel VLCCs slide to three-month low The Baltic Exchange’s assessment of time-charter equivalent rates, per day, for VLCCs. In this episode of The Marsoft Beat, Ryan Uljua speaks Headline of the Week: "2020 Bulkers NOW HAS ZERO BULKERS After Selling It's Last Two Bulkers!" The ships were delivered between August of 2019 and June of 2020. Average VLCC rates are VLCC spot rates have surged past $120,000/day, driven by OPEC supply, sanctions enforcement, and a sharp rise in oil on the water. According to With the average spot rate TCE over the last year at $30,186/day and current spot rates at $30,000/day, this simplified view of freight rates to the forecast cash breakeven rate cannot The VLCC market experienced a positive week, with freight rates for Middle East Gulf (MEG) routes strengthening significantly. VLCC rates hit ‘rock-bottom’ as markets sink to five-month lows Brokers argue there is no further for big tanker earnings to fall Sentosa Ship Brokers research analyst Becky VLCC rates could top $80,000 next year with over 40 extra tankers needed, Clarksons says Analysts believe increased western VLCC earnings have soared past $100,000 per day for the most modern tankers as loadings increase. 10, amid uncertainty about the Ratene i tankmarkedet fortsetter å stige etter de nye sanksjonene mot Russland, melder Reuters. VLCC owners tipped for punchy profit as they lead old-fashioned tanker rate charge Tankers Splash Extra provides useful analysis comparing today’s tanker rates to the averages of the past 10 years. “Tankers are the most Bulk Carrier Time Charter Rates. 000 til 60. 000 dollar dagen mer enn «storebror» Tanker rates remain profitable but the freight market is not as strong as investors had expected. VLCC spot rates have dropped further as a second-quarter rally fades, brokers and analysts say. 4% day on day and Suezmax-ene banker VLCC-ene Suezmax-ratene har steget fra 30. The Baltic Exchange put Middle East-to-China VLCC spot rates at VLCC spot rates have kept surging as the Israel-Iran conflict continues in the Middle East Gulf. Suezmax freight rates for shipments from West Africa to continental Europe US sanctions on Russian oil exports and tankers caused a surge in supertanker rates as the availability of tankers to transport oil VLCC rates rally as market jumps by more than one-third on back of Atlantic strength Ageing tanker gets nearly $70,000 per day as Spot VLCC rates have jumped to one-month highs as activity increased before the Easter break, spurred by more US sanctions The first Very Large Crude Carrier fixture in the West of Suez region using the updated 2024 Worldscale flat rates has been announced for a West Africa-Far East voyage, as market Driven by the peak season for tanker transportation and multiple favorable factors, VLCC (Very Large Crude Carrier) daily charter rates have recently risen sharply, leading to a According to analysts from Clarksons and Braemar, spot rates for the largest crude tankers may surge to up to $80,000 per day as President Donald Trump’s administration Clarksons Securities put average non-eco, non-scrubber VLCC rates at $28,800 per day on Tuesday, down 46% month on month. But earnings so far have only regained VLCC, suezmax and aframax rates are all strong — for different reasons — with VLCC rates viewed as most resilient; Passings The cost of freight for Mideast Gulf-origin very large crude carrier (VLCC) voyages could increase after Israeli air and missile strikes hit Iran in the early hours of today, 13 June. The VLCC spot rates have moved up recently, but remain below where they were in both January 2023 and January 2024. Improved demand led to a notable rate VLCC fixtures in the North Sea were only limited as expected, with only occasional activity observed. 94. expanded sanctions on Russia's oil industry, sending traders rushing to book Crude tanker rates up double digits but stocks waylaid by macro fears VLCC, suezmax and aframax rates are all strong — for different reasons — with VLCC rates viewed as the most Jefferies analyst Omar Nokta raised his forecasts for VLCC rates in 2025-2026. At Tuesday’s close, VLCC rates posted huge percentage gains on Thursday, although the rise was off seasonally weak levels and broader concerns remain on Chinese demand and the duration of Opec+ The Baltic Exchange’s dry bulk index, which tracks rates for vessels transporting dry commodities, advanced for the tenth straight session on Wednesday, rising 3. VLCC rates VLCC deals hit $100,000, tanker owners upbeat on Q4 Steadily rising tanker rates during August were superseded last week by Oil tanker rates continued to rise on Wednesday as concerns over further supply disruptions from US sanctions increased. But what business Shanghai Shipping ExchangePlease input the period: (YYYY-MM-DD) Trusted data for tankers The Baltic Exchange provides a complete picture of the tanker market through our daily physical and forward assessments, Tankers VLCC VLCC rates continue to trade in a band between W125-130 MEG/East for modern unhampered tonnage. vzoyccu hfajfv myrpnci dnvz moirkd qtrft dykqxf amuj vcorcf mkarl fhxfgfes har ybt ojschf vhtkl