Category archives: News

Tanker News Update 18/11/20

*TD3C Choices*   During the start of September we saw TD3C spot levels break through the floor of ws30 for the first time in 5 years, where it reached a yearly low at ws24.75 on (04/09). Over 2 months on from this date, there has been little change with spot printing on Tuesday (17/11) at …

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Morning Oil Report 18/11/20

Brent crude futures for January rose 19 cents, or 0.43%, to $43.94 a barrel by 0744 GMT, while U.S. West Texas Intermediate crude for December eased 3 cents, or 0.1%, to $41.40 a barrel by 0430 GMT. This rise has continued into the morning trading, with Brent pushing above $44.   API Predictions: Crude +4.174 …

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Capesize rates move in mixed directions

Capesize freight rates dipped slightly on a mixed market with vessels oversupply in the Atlantic, while some improvement were seen in the Pacific basin. Thus, the Capesize 5 time charter average slipped slightly by RMB 253 day-on-day to $12,029 on Tuesday, after a late selling spree in the weak Atlantic fixtures. The Baltic Dry Index …

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