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Markets > Market Reports > Clean Products > Negative correlation between activity and rates this week... Archive:
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Negative correlation between activity and rates this week...

17 December 2012

There appeared to be a negative correlation between activity and rates on clean voyages out of the Gulf this week. The LR2 market saw an increase in activity, but the rate on the Gulf-Japan route still fell to WS 115 as last week’s oversupply persisted. Meanwhile, although the LR1 market was not as busy, the rate for a Gulf-Japan voyage firmed by WS 5 points w-o-w to WS 145, on the back of a very tight tonnage list. Meanwhile, with the holiday season fast approaching, charters are now looking to cover their requirements for the Christmas period.

Latest Clean Products Fixtures
DateNameBuiltCargoChartererLoadDischargeRate
Apr-23ALBURAQ2008 90,000 CLEAN LITASCOKING FAHD INDUSTRIAL PORTSINGAPORE WS 145
Apr-23ALONISSOS2004 75,000 CLEAN ITOCHUAGJAPAN WS 93
Apr-23FS ENDEAVOR2012 80,000 CLEAN CNRTAIWANSINGAPORE RNR
Apr-22RIVER ETERNITY2006 75,000 CLEAN SHELLAGJAPAN RNR
Apr-21SEA JEWEL2013 90,000 CLEAN NOVATEKUST LUGAJAPAN USD 3200000
Apr-21PHOENIX LIGHT2009 75,000 CLEAN CNRAGJAPAN USD 2400000
Apr-21SILVAPLANA2003 75,000 CLEAN BP AMOCOAGJAPAN WS 93
Apr-21CHRYSANTHEMUM2009 75,000 CLEAN ATCAGJAPAN WS 92
Apr-21ALPINE AMALIA2010 90,000 CLEAN ST SHIPPING S KOREA RNR
Apr-21FOUR WIND2009 90,000 CLEAN LITASCOKING FAHD INDUSTRIAL PORTUKC RNR
Apr-21PINK STAR2010 90,000 CLEAN RELIANCESIKKAJAPAN RNR
Apr-21ASHLEY LADY2010 75,000 CLEAN SOCARAGJAPAN RNR
Apr-21CAPTAIN PARIS2014 80,000 CLEAN CNRS KOREASINGAPORE RNR
Apr-21SEA LEGEND2008 75,000 CLEAN HPLRUWAISEC INDIA RNR
Apr-20MEI LIN WAN2013 90,000 CLEAN PHILLIPS 66S KOREASINGAPORE USD 590000
Apr-20SWARNA JAYANTI2010 75,000 CLEAN ATCAGJAPAN WS 93
Apr-20ANATOLY KOLODKIN2013 80,000 CLEAN NOVATEKUST LUGAJAPAN RNR
Apr-17MAKRONISSOS2002 75,000 CLEAN CHEVTEXAGJAPAN WS 93
Apr-17PHOENIX HOPE2008 60,000 CLEAN ENOCQATARUAE USD 300000
Apr-17PROPONTIS2006 90,000 CLEAN SHELLAGUKC USD 2250000





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