Nordic American Tankers Ltd (NAT)

[Eurotradr]

Rates remain stable for now and the increased use of the older types of ships has probably been a major reason for rates to have remained flat. The optimism for the winter is far from diminished among owners who will use any opportunity to push rates up. Confidence in the Suezmax market has steadily built over the past week particularly in West Africa. During the latter part of last week the position list began to thin and owners sensed a potential for improvement, however the public holiday in London allowed Charterers a pause and several fresh ships materialized dampening the upward momentum.
Source:
https://cdn2.hubspot.net/hubfs/4375355/Research/Tankers/fw_week_35_2018.pdf?t=1536044340246