Rates continue to come under pressure following the recent trend but at a steady pace with the drop slowing.

The FBX headline rate is down 2% over the week. FBX01 falling from $1522 to $1431 down 6%, FBX03 $3283 to $3013 down 8%, FBX11 $1760 to $1721 down 2%, and FBX13 $2177 to $2108 down 3%.

Clean

LR2

LR2 freight levels dipped this week in the MEG with reports of low enquiry levels.

Capesize

The Capesize market experienced a week of two halves, with steady gains early on followed by a loss of momentum as sentiment turned softer. The BCI 5TC opened at $23,453 on Monday, peaked midweek at $24,252, before slipping and closing the week at $23,216.

$3.7 billion in minimum contracted revenues

Dynamic expansion with 21 eco vessels to be delivered until 2028

$60m in free cash generated from strategic asset sales

TEN’s proforma fleet approaching 11m dwt capacity

U-Ming Marine Transport Corporation (U-Ming) and leading wind propulsion technology provider Anemoi Marine Technologies Ltd. (Anemoi) are pleased to announce the successful completion of the Rotor Sail installation on U-Ming’s Grand Pioneer, a 325,000 DWT Very Large Ore Carrier (VLOC).

Την παραλαβή ενός πλοίου χύδην ξηρού φορτίου ανακοίνωσε η Velos Shipping.Πρόκειται για το bulk carrier Velos Tanzanite.