West African suezmax market is a ‘disaster zone’
- Friday 03 September 2010, 18:16
-
- Tankers
TANKER owners chartering out suezmaxes for West Africa to US spot voyages are unable to cover daily operating costs as a relentless oversupply of tonnage pushes returns further towards the zero mark.Although time charter equivalent earnings on the Baltic Exchange’s TD5 route from Nigeria...
Subscriber Log In
Welcome to Lloydslist.com
We now require that all subscribers register with us the first time they log in to the site. It only takes a minute and you only have to do it once. Learn more
If you have any questions please call our Technical Support team on:
Tel: +44 (0)20 7017 4161 (Mon - Fri / 0800 - 1730 GMT)
Email: onlineaccess@informa.com
Not yet a subscriber - sign up for a free trial
Start your complimentary trial today. You are only a few short steps away from experiencing all Lloydslist.com has to offer at no charge
More Market Data
Imarex Tanker Futures
| Thursday 02 February 12 | Q212 |
Q312 |
CAL13 |
|---|---|---|---|
| VL RT-CHIBA | 46.17 | 45 | 41.82 |
| SM BNY-PHIL | 65.17 | 64.5 | 57.01 |
| AM SV-WH | 91 | 91 | 91.03 |
Piracy: Where do we go from here?
NEW and UPDATED video reports and analyses exclusively from Lloyd’s List
RSS feedMore Tankers
-
West Africa suezmax daily earnings dip below $20,000 for first time in six weeks
Charterers drip feeding cargoes into the spot market... -
Höegh exercises option for third FSRU as LNG demand rises
Analysts expect a fourth order to follow -
PetroChina buys $1bn stake in Shell’s Canadian shale gas business
Deal boosts North America export prospects -
DSME slumps in fourth quarter
But yard still fares better than peers -
Kirby celebrates record-breaking fourth quarter
Barge operator benefits from inland boom
How big is the shipping finance market?
An insider’s guide to impressing your boss
