WAF VLCC market softens amid tonnage, inquiry mismatch Market participants cautiously optimistic rates have bottomed Freight rates for the West of Suez Very Large Crude Carrier market have fallen sign
VLCC segment seeing increased owner resistance Suezmax rates remain depressed by reduced Saudi oil exports Seasonal factors expected to bolster Aframax market VLCC owners look to shake off late summer
UKC UKC Aframax rate more than doubles in space of two weeks Market rises by w50 on day Ex Russia trade, firming Med market pulling away vessels Aframax dirty tanker freight rates for cross UK Contine
WAF East VLCC market rises to four month high Bullishness driven by oil demand, strength in adjacent markets North Sea East VLCC rates firm despite lack of activity Dirty freight rates for Very Large
Sinochem fixes WAF China voyage using 2024 flat rates WAF East VLCC $/mt freight values up nearly 20% since start of 2024 Firming West of Suez dirty tanker market driven by strength in US Gulf The fir