Vlcc tce rates
At the same time, the company's ‘ECO’ VLCC fleet earned an average daily TCE rate of $24,385 and the non-’ECO’ VLCC fleet an average daily TCE rate of $18,907. The average daily TCE rate obtained on a full-fleet basis was $21,104 during 4Q17, compared to $28,190 for 4Q16. Saudi Arabia's laden VLCC 'armada' expected to bring oil price war to US Finance NYK Line crew carry out first digital currency transfers on board vessels Finance Mixed picture for stocks but 23 August 2019. VLCC. 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. vlcc's. It has been reported that PIP-Panama/China is paying $13.2 mill. with a HSFO TCE of $270,000+/day! Dry cargo rates are also firming a bit as port congestion due to quarantines has taken many vessels out of the Equivalent rate for TD3. VLCC TCE: Taking the average of the Timecharter Equivalent rates calculated for. TD1 & TD3 produces the VLCC Timecharter Equivalent. Bunker Prices used in this calculation are provided under licence by Bunkerworld. Exchange Rates used in this calculation are provided under licence by XE.com. April was a difficult month for VLCC owners, with freight rates in the Middle East Gulf still feeling the pressure of OPEC production cuts. The market experienced another drop last week, with April's average standing marginally above USD 10,000 per day for VLCCs carrying crude oil from the Middle East Gulf to the Far East, with vessels heading to Singapore having earned a bit more, around USD 13,700 per day. Freight rates to ship U.S. crude to Asia continued to surge, with costs to charter a supertanker rising to a record $12 million on Thursday, shipping sources familiar with the matter said.
7 Nov 2019 Consolidated TCE revenues for the third quarter of 2019 were $65.8 of higher average rates in the VLCC, Suezmax and Aframax sectors,
7 Nov 2019 Consolidated TCE revenues for the third quarter of 2019 were $65.8 of higher average rates in the VLCC, Suezmax and Aframax sectors, 23. okt 2019 TCE (time charter equivalent) er det tallet vi amatører ofte refererer til som dagrate. WS-rate, er vel prosent av utregnet median/snitt rate. Så hvis Abouarghoub et al. (2012) model average TCE freight rates across 5 tanker classes, namely VLCC,. Suezmax, Aframax, dirty MR, and all tankers. They take on a 7 Nov 2019 TCE revenues were $16 million for the quarter, compared to $11 Spot rates are broken out for a modern VLCCs and then VLCC in that part of
Time Charter Equivalent - TCE: A shipping industry standard used to calculate the average daily revenue performance of a vessel. Time charter equivalent is calculated by taking voyage revenues
Freight rates to ship U.S. crude to Asia continued to surge, with costs to charter a supertanker rising to a record $12 million on Thursday, shipping sources familiar with the matter said. Spot rates in the Middle East Gulf have increased dynamically on Thursday and Friday after two tankers were attacked in the Gulf of Oman. Concerns around tension in the region pushed FFAs and spot rates much higher, with a VLCC now getting paid more than USD 15,000 per day to carry crude oil from Middle East Gulf to China, much higher than the USD 11,000 per day it would earn two days before BW LPG: VLGC TCE rates averaged US$14,800 per day. EBITDA for the second quarter amounted to US$8.1 million (Q2 2017: US$39.6 million), a decrease of US$31.5 million from the same quarter last year mainly due to the decline in LPG spot earnings and a smaller fleet size. VLCC rates have rapidly fallen from over $300,000 per day to around $125,000 per day. At the same time, the company's ‘ECO’ VLCC fleet earned an average daily TCE rate of $24,385 and the non-’ECO’ VLCC fleet an average daily TCE rate of $18,907. The average daily TCE rate obtained on a full-fleet basis was $21,104 during 4Q17, compared to $28,190 for 4Q16.
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
16 Nov 2019 VLCC TCE rates ended October at around $50k. This is below the high reached in the middle of the month, but still represents a healthy return
Saudi Arabia's laden VLCC 'armada' expected to bring oil price war to US Finance NYK Line crew carry out first digital currency transfers on board vessels Finance Mixed picture for stocks but
13 Nov 2019 (1) Combined average TCE rate includes Teekay Suezmax RSA, Teekay Teekay Tankers also owns a Very Large Crude Carrier (VLCC) 12 Nov 2019 benefit from the recent increase in TCE rates. Conservative unprecedented strong sentiment in the VLCC/crude tanker market induced by 16 Sep 2019 #VLCC spot rates surging in AG, with several fixtures today for China at WS 65 ( TCE ~$39k/d). This is almost double from Friday, and is far 1 Mar 2013 Very Large Crude Carrier (VLCC) is defined as an oil tanker vessel with (WS) and as Time Charter Equivalent rates (TCE), which both are The average daily spot TCE rates obtained by the company's VLCC fleet were USD 36,282 in the fourth quarter and USD 40,130 in the full year of 2016. During 11 Oct 2016 The biggest increase in rates was seen today on the Baltic's MEG to US Gulf ( TD1) benchmark. The route's timecharter equivalent (TCE) rate
BW LPG: VLGC TCE rates averaged US$14,800 per day. EBITDA for the second quarter amounted to US$8.1 million (Q2 2017: US$39.6 million), a decrease of US$31.5 million from the same quarter last year mainly due to the decline in LPG spot earnings and a smaller fleet size. The VLCC was then booked by Mangalore Refinery and Petrochemicals Ltd on the Middle East-West India route at WS294, equivalent to TCE of $157,849 per day, according to VLCC Fixtures. At the same time, the company's ‘ECO’ VLCC fleet earned an average daily TCE rate of $24,385 and the non-’ECO’ VLCC fleet an average daily TCE rate of $18,907. The average daily TCE rate obtained on a full-fleet basis was $21,104 during 4Q17, compared to $28,190 for 4Q16. Saudi Arabia's laden VLCC 'armada' expected to bring oil price war to US Finance NYK Line crew carry out first digital currency transfers on board vessels Finance Mixed picture for stocks but 23 August 2019. VLCC. 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.