A week where charterers have been playing it cool. After a 1-10 September window in the MEG that was one of the busiest on record (67 fixtures by our count), that enabled owners to push rates into the WS 80’s. Then came the 10-20 window, with only 40 deals reported. Any period of quiet usually means good news for charterers, and at the time of writing, rates are already rumored to be starting with a 6 for modern well badged, as we enter the final decade. Worth noting cheaper bunker prices also playing a part.
For full report click here
Did you subscribe to our daily Newsletter?
It’s Free! Click here to Subscribe