1 NSEA-UKC - More activity in the North Sea but levels stay at WS 100.
3 Baltic - UKC - Last done WS 100 but rate dipped as low as WS95 in beginning of week. Steady amount of ice classed units around keep rates flat.
4 Cross Med - No delays at turkish straights. More activity towards end of week, rates possibly creeping up.
5 Far East - Another couple of points down due to limited enquiry. A small upswing in cargoes ex Red Sea may tie up some tonnage on long employment. Overall it is weak but relatively stable.
1. CARIBS - Following the local aframax rates down sharply - Caribbean to USA paying 50 x 130, about 7,000 per day. T/A rates also down but not as sharply.
2. FAR EAST- We have seen an increased number of cargoes surfaces for end March but with current situation it is unlikely to change the negative trend as plenty of aframaxes are competing for the same business.
1. Rotterdam - New York - The MR market has remained relatively quiet during the past week where rates dropped a couple of points down to WS 180.
2. Caribs - A flurry of activity in the USG and CBS has helped raise rates and provided owners with a glimmer of hope going into the Spring season. The recent earthquake in Chile does not seem to have been the cause behind the rate increase.
3. Houston - Amsterdam - (only the back haul leg) ARB remains closed for gasoil out of the USGulf and the rates are untested however bio fuel does seem to be making its way out of the Gulf.