Monday, March 01, 2021 11:42:26 AM
https://fearnpulse.com/
Suezmax
This week has seen a number of Suezmax fix and/or appraise Aframax stems in North West Europe and the Mediterranean basin. This may hold vessels away from West Africa and provide some short-term stability. In the pre-Covid era, any tightening of the UKC/MED list would have almost certainly firmed Td20, but slap bang in the middle of this pandemic, all it can manage to do is maintain rates. There are some positive signs in the USG where Aframax have firmed and may drag Suezmax into the game, but any benefit from these crossover scenarios is likely to remain highly regionalized. West Africa East trades 130 x WS59 with MEG/East on modern trying to move on from WS55. Td23 has shown some signs of resistance with most owners holding for WS20 S/S.
https://www.hellenicshippingnews.com/tanker-market-rates-24-09-2020/
Recent NAT News
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM
