Suezmax rates chart. Dry bulk capesize at $22,660, vehic...
Suezmax rates chart. Dry bulk capesize at $22,660, vehicle carriers correct on newbuild surge. Handy Charter, Supramax, Ultramax Charter, Panamax Charter Rates, daily freight updates and global dry-bulk trends. Bullish sentiment pushed suezmax spot rates to a level not seen since January 2024, but brokers warned of “headwinds” on the horizon for the Atlantic market as the next chartering window faces Clarksons presents a guide to bulk vessel sizes. 64 (a daily round-trip TCE of $27,540). Chartering refers to the act of contracting a vessel or a portion of a vessel for the transportation of goods by sea. Suezmax rates for West Africa to continental Europe held levels of WS88, reflecting an 8% monthly decrease. This report, whether partially or in Argus CCF rates provide benchmarks for tracking carbon costs on key routes, both on single leg and round voyage basis. The key driver? A sharp increase in crude oil shipments from Kazakhstan via the Black Sea. Suezmax: Rates for the Black Sea to Mediterranean route experienced a minor downward adjustment this week, remaining near $117k/day — an increase of approximately $79k/day YoY. Our tanker information is independent and underpins physical and FFA contracts. COMPASS MARITIME will not be held responsible for any action or failure to take action upon reliance on information contained herein. WAF Suezmax rates hit near two month highs Spate of Suezmax vessels put on subjects Fixtures still being settled using 2023 Worldscale flat rates The West of Suez dirty tanker market on Jan. The above chart also highlights the fact that trends in contracting precede movements in price indices – more contracting likely eventually leads to an oversupply and then a fall in prices. The data includes a headline index – the FBX Global Container Index – a weighted average of the 12 underlying tradelanes. Definitions of the trading locations for which Platts publishes daily indexes or assessments 2 These results reflect the company’s ability to capitalize on favorable market conditions while maintaining operational efficiency. USGC-China (VLCC), USGC- Europe (Aframax) MEG-East (VLCC), WAF-UKCM (Suezmax). Suezmax owners’ earnings have surged by more than 350% on average worldwide since the beginning of September. This may occur on any type of vessel and for any type of cargo, including bulk, general, or specialized cargo, among others. This positive momentum has continued into early 2026, with rates trending even higher. . The Q4-25 spot rates showed VLCC at $75,200, Suezmax at $53,500, and Aframax/LR2 at $43,600 per day. Unlike newbuilds, buyers and sellers of second hand ships do not have to wait for about two years to have the ships delivered. Weekly shipping research and news updates from Fearnleys. Suezmax rates slightly decreased but remain at multi-year highs. Suezmax day rates have been stronger over the last 12 months than VLCCs, as seen in the chart below. THE VIEW FROM THE BRIDGE Secondhand sale and purchase deals have been very active as Chinese New Year festivities approach with (as usual) Non-ECO sales of both tankers and bulk carriers continuing to dominate the list of sales. Oops, Something went wrong! Sorry, we can not find the report for this date Nordic American Tankers Limited is rated a Strong Buy due to its attractive dividend policy and modern, Suezmax-focused fleet. 92 per barrel (WS245), as opposed to $1. Instead, rates have declined. Jan 27, 2026 · VLCC rates from the Persian Gulf to Asia fell 43% from November 2025 to January 2026, while rates from the Persian Gulf to the USGC fell 55% during the same period. Use our free UPS and USPS-certified shipping software to get pre-negotiated discounts for the cheapest shipping rates, which can save you up to 87%. COMPASS MARITIME believes such information to be factual and reliable without making guarantees regarding its accuracy or completeness. The Ship Feb 22, 2024 · Chart of the Week: Suezmax dirty tonne days from AG to Med/UK Continent A higher growth in the Suezmax dirty tonnes from AG to Med UK with a spike in rates ($/d) In the final days of February, the VLCC MEG-China route attracted market attention as rates appeared to peak suddenly in mid-February before subsequently retracting to weaker levels. By Wanying Zhang Dirty – East of Suez: Mainstream crude tanker demand moves in tandem with flows, supporting rates for VLCC/Suezmax in 2025 Lower volumes of crude oil have been traded at sea over the past few years, especially when compared to the 2019 average (red line on chart) These results reflect the company’s ability to capitalize on favorable market conditions while maintaining operational efficiency. Verifiable updates from Jan 10-17, 2026. The strong performance was supported by robust spot rates across vessel categories. With a currently growing orderbook, current freight rates and technological decisions cloud a Suezmax newbuild decision that otherwise looks good on paper. In West Africa, the 130,000 mt Nigeria/UK Continent voyage recovered a singular point to WS79. Sale and purchase transactions have tracked climbing rates. This week we are reporting 10 tankers sold (2 ECO + 8 Non-ECO) and 13 bulk carriers sold (2 ECO + 11 Non-ECO). With tanker rates across all sectors currently at levels well above long-term averages, it is impressive to note the rally in Suezmax rates over the past three months. Suezmax tankers are seeing strong earnings again, with rates in the Mediterranean reaching $63,000 per day – the highest in over 12 months. The company’s spot rates showed significant improvement year-over-year, with Suezmax rates increasing from $28,400 in Q4-24 to $53,500 in Q4-25, while Aframax/LR2 rates rose from $30,500 to $43,600 over the same period. Learn the size, specifications, and use of Panamax, Aframax, Suezmax, Handymax, Capesize, and Chinamax vessels. The Freightos Baltic Indices (FBX) reflect weekly spot rates for 40-foot containers. 84 (WS115) in early September for a Suezmax Suezmax rates have not shrunk back, and in some areas, owners have managed to force rates upwards. Several more VLCC were sold to Sinokor this week with Jan 17, 2026 · Latest charter rate news: TOP Ships hikes Suezmax TC to $30k/day. The predicted boost to tanker rates from Russian crude disruptions has yet to materialize. Nordic American Tankers (NAT) has drawn fresh attention after completing the sale of a 2003 built Suezmax tanker for US$25 million net, as part of a broader fleet renewal and capital optimization Daily Updated Ship Charter Rates. Fearnley's Another reason for improved NAT margins was the company’s stable operating These results reflect the company’s ability to capitalize on favorable market conditions while maintaining operational efficiency. Spot market rates for suezmax crude tankers shot upward by nearly 81% in just four days as a tight list of available tonnage met strong sentiment by owners. These results reflect the company’s ability to capitalize on favorable market conditions while maintaining operational efficiency. The company’s spot rates showed significant improvement year-over-year, with Suezmax rates increasing from $28,400 in Q4-24 to $53,500 in Q4-25, while Aframax/LR2 rates rose from $30,500 to The information contained in this report has been obtained from various market sources. Trusted data for tankers The Baltic Exchange provides a complete picture of the tanker market through our daily physical and forward assessments, weekly Sale & Purchase and vessel recycling data, and quarterly benchmark of operating costs. Charterers are currently paying $3. Brokers estimate rates for a one-year timecharter of VLCC and suezmax vessels are currently at a year-high of around $45,000/day and $33,000/day respectively. Despite these factors, the Suezmax newbuild order remains attractive and the orderbook will likely continue to grow, with history possibly repeating itself. NAT benefits from rising spot market day rates, with 70% of its 301 Moved Permanently 301 Moved Permanently openresty Midsize rates flat, VLCCs mixed Chartering activity in the Americas crude tanker market picked up on Wednesday, with steady under-the-radar fixing holding Aframax and Suezmax rates flat, while VLCC rates inched lower on the US Gulf coast. USD/bl freight rates for all the major crude grades globally for all notable destinations. Chartering plays a crucial role in the shipping industry and is central to its economic framework. Meanwhile, Suezmax rates on the Baltic-Mediterranean route also held a sentiment similar to the previous week at above WS100, up 14% month over month. As of Thursday, the Baltic Exchange suezmax index was at $25,110 per day and the aframax index was at $26,410 per day. May 6, 2025 · VLCC, suezmax and aframax rates are all strong — for different reasons — with VLCC rates viewed as most resilient; Passings through the Bab el Mandeb and Suez Canal fell but transits remain within ‘new normal’ range; There is an anomaly amid the gloom over tariffs and the plunge in Chinese cargoes to the US: spot rates on the transpacific are slightly up This report (including any future rates and/or forward-looking statements contained herein) are prepared by Clarksons Platou AS for general information purposes and for therecipient’s internal use only. Suezmax rates from the USGC to Europe fell 10%, and rates from the Black Sea to the Mediterranean fell 2%. Average VLCC rates are now 91% higher than suezmax rates and 81% higher than aframax rates. Chart of the Week: Suezmax dirty tonne days from AG to Med/UK Continent A higher growth in the Suezmax dirty tonnes from AG to Med UK with a spike in rates ($/d) In the final days of February, the VLCC MEG-China route attracted market attention as rates appeared to peak suddenly in mid-February before subsequently retracting to weaker levels. The Baltic Exchange’s average of time These results reflect the company’s ability to capitalize on favorable market conditions while maintaining operational efficiency. iytkj, yfgyjt, ajnz, ihwhgy, edrz, lamm, rqao, hpwdb, iblt9, ygcw2,