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Friday, 10/16/2020 8:05:14 AM

Friday, October 16, 2020 8:05:14 AM

Post# of 1285
Weekly Update:

https://www.nat.bm/
No direct link provided for report. Go to NAT's page above, scroll to bottom "Tanker Market Reports" and download the report.

https://fearnpulse.com/
Suezmax

The Suezmax market seems like a never-ending story at this point. Activity is decent, but there is just way too much available tonnage, in all areas. Some positives in the West the last week though, Libya is now back on, soon at the capacity they were at prior to the shutdown. As a result of that we have had more activity in the Med/Bsea area than in a long time. In the East we are still at bottom levels, even if tonnage-list is looking slightly better than last week. With the activity we see in both East and West, we expect the market to have some potential upside, but it will take time. This week rates will remain steady, and we are not having too high hopes for next week either.

https://www.hellenicshippingnews.com/tanker-market-rates-24-09-2020/
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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