Research

Tanker Clean Daily

May 11, 2017
- Week
19

The TC 1 inched slightly upwards with outstanding third decade May cargoes still lingering around waiting to be fixed. With Owners still bullish about rates due to tighter tonnage availability, Chtrs seem to be struggling slightly in getting things done.  On the LR1s, things continue to remain stable leaning on support from the LR2s.  It does seem like fixing activity will increase in due course as there are still a handful of unquoted cargoes.

The MRs continue to be abundantly supplied on the tonnage list as rates continue to stay flat.

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