Suezmax tce rates

12 Dec 2018 Every $5,000 improvement in the Time Charter Equivalent daily rate (TCE) Source: Clarksons average VLCC, Suezmax, Aframax, Dirty  3 Dec 2010 This chapter covers freight rates in the tanker market, the major dry bulk cargo markets and the liner Suezmax ships are the maximum-sized tankers able to transit the time charter equivalent earnings on the Caribbean–.

27 Nov 2019 For the fourth quarter of 2019, we estimate spot TCE of $64,800 days for VLCCs, $49,400 contracted for 71% of vessel days for Suezmax tankers and While the brief spike in tanker rates made news headlines, it would not  Suezmax WAFR-UKC (TD20) Freight Rates, 2014-2015 monthly averages. ( TD20) Freight Rate, Monthly Average, Time-Charter Equivalent (TCE), $k/Day. 6 Jan 2018 According to Allied's, Gerry Lathrop Research Analyst, “similar to the Suezmax market, average Aframax TCE rates have also fallen to around half  28 Jun 2018 Suezmax vessels' TCE rates per day in Q1 2018. Teekay Tankers' (TNK) TCE rate fell YoY (year-over-year) to $13,394 from $22,870. 27 Feb 2020 Secured strong first quarter of 2020 to-date spot tanker rates of Combined average TCE rate includes Teekay Suezmax RSA, Teekay 

Teekay has developed from a regional shipping company into one of the world’s largest marine energy transportation, storage & production companies.

Saturday March 14 2020. Trade, Cargo. Sentiment. Rate. VLCC. TD1 (WS). AG > USG Tanker Time Charter Rates SUEZMAX, (130,000-199,000 dwt). 10 Oct 2019 Smaller Suezmax tankers also cost more than $100,000 a day even though they hold half as much oil as VLCCs, Poten said. While the targeted  Dirty VLCC MEG/Jap - 260,000. Dirty Suezmax Wafr/UKC - 130,000 6 months Dirty VLCC MEG/Jap - 265,000. Dirty Suezmax Wafr/UKC - 130,000. Dirty Aframax UKC/UKC - 80,000. Dirty Aframax MEG-East - 80,000. 6 Months As a consequence, tanker time charter equivalent (TCE) rates have increased from about $24,000 per day in early September to a current level of $87,000 per day for W. Africa to U.S. Gulf trading. In Mediterranean trading, the TCE has increased from $20,500 in early September to a current level of about $115,000 per day. Tanker: Record year for Suezmax spot rates. CEO of Nordic American Tankers, Herbjørn Hansson, points to several things indicating a rebound of the crude oil market.

27 Feb 2020 Secured strong first quarter of 2020 to-date spot tanker rates of Combined average TCE rate includes Teekay Suezmax RSA, Teekay 

rally in 2017-2018, and rates remained persistently low until October. The worst performing tankers were Suezmaxes which in January-May saw TCE earnings drop to their lowest level for this period in over 20 years. The low freight rate environment and high scrap prices encouraged demolition and conversion activity throughout the year. TANKER SPOT RATES -TCE VLCC (TD3) -TCE Suezmax Basket - TCE Aframax Basket - TCE LR2 (TC1) - TCE LR1 (TC5) - TCE MR Atlantic Basket 50,000 100,000 15 0, 200,000 250,000 Destinations of Argentinian SME Europe US QTY MT 0 2 4 6 8 10 12 14 16 18 20 J 7 LR West to East Naphtha and Con densate Voyages LR1 LR2 source:BRS 2017 Tanker spot rates - TCE

16 Apr 2019 In terms of TCE rates, the market seems to have hit a floor in late March, with rates having now surpassed USD 10,000 per day once again.

12 Dec 2018 Every $5,000 improvement in the Time Charter Equivalent daily rate (TCE) Source: Clarksons average VLCC, Suezmax, Aframax, Dirty  3 Dec 2010 This chapter covers freight rates in the tanker market, the major dry bulk cargo markets and the liner Suezmax ships are the maximum-sized tankers able to transit the time charter equivalent earnings on the Caribbean–. 8 Jun 2018 What if STNG Earned the 2015 Daily Rates in 2017? Applying the average fleet in 2017 to the Company TCE earnings in. 2015 generates an  1 Feb 2015 Clarksons Research collects rates direct from the Clarksons brokers on ClarkSea Index are oil tankers (VLCC, Suezmax, Aframax and clean 

16 Apr 2019 In terms of TCE rates, the market seems to have hit a floor in late March, with rates having now surpassed USD 10,000 per day once again.

16 Apr 2019 In terms of TCE rates, the market seems to have hit a floor in late March, with rates having now surpassed USD 10,000 per day once again. 17 Oct 2019 Owners remain confident that a long-awaited tanker rates recovery will continue, although at more Thursday's falls were between 32% and 10% on key VLCC and suezmax dirty tanker routes. Dirty tankers TCE. 18 May 2017 For the fleet in the spot market, time charter equivalent rates for its suezmax tankers stood at $22,821 per day compared with $36,130 per day  24 Oct 2018 (we estimate 2019 and 2020 Suezmax spot rates of USD 28k/d and TCE rate of USD ~12.4k/d, we expect NAT to report TCE revenues of  27 Dec 2015 for other tanker sizes (Suezmax, Aframax, Panamax and others),. overall crude oil Equivalent (TCE) rate (USD/day) is also calculated, as:. 13 Nov 2019 The Crude Fleet consists of 15 Suezmax vessels and one Aframax TCE rates are a non-GAAP measure, generally used in the shipping  12 Dec 2018 Every $5,000 improvement in the Time Charter Equivalent daily rate (TCE) Source: Clarksons average VLCC, Suezmax, Aframax, Dirty 

Global shipping prices, market and other tanker information. Visit to learn more about our pricing and industry coverage of the bunker and marine industry. Visit TradeWinds for the best news, insight and opinion covering the global shipping business. Tanker report – Week 34. Rates in the Middle East Gulf continued an upward trajectory, with 270,000mt to China at WS 66, up about five points and 280,000mt to the US Gulf, basis Cape/Cape, rated at WS 30, an increase of three points. Teekay has developed from a regional shipping company into one of the world’s largest marine energy transportation, storage & production companies. Dirty VLCC MEG/Jap - 265,000. Dirty Suezmax Wafr/UKC - 130,000. Dirty Aframax UKC/UKC - 80,000. Dirty Aframax MEG-East - 80,000. 6 Months Using current 12-month TCE as a proxy for Suezmax day rates, NAT could generate up to $40 million in 2019 cash flow after Maintenance CapEx, Principal Payments, and Dividends. The TCE rate for a 57,000-dwt Supramax vessel performing a similar trip was assessed at $4,291/day, down 53.94% from $9,317/day on April 20. The voyage charter rate on a Panamax vessel to move a 75,000-mt (plus/minus 10%) coal cargo from RBCT to Paradip was assessed at $8.75/mt on May 31, down $5.20/mt from $13.95/mt assessed on April 18.