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Markets > Market Reports > VLCC > Overcapacity in the MEG caused rates to decline... Archive:
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Overcapacity in the MEG caused rates to decline...

21 January 2013

Activity in the MEG reflected levels observed in the region last week. However, with a heavy tonnage list extending into early February, the rate on the benchmark route to Japan declined to WS 40 this week. The rate on the westbound route to the US also softened to WS 23.5, with only one fixture agreed this week.

Latest VLCC Fixtures
DateNameBuiltCargoChartererLoadDischargeRate
Jun-23TIANJIN2015 270,000 DIRTY RELIANCECARIBSWC INDIA USD 2900000
Jun-23MAZYONAH2009 280,000 DIRTY LITASCOAGUSG WS 28
Jun-23SAIQ2011 270,000 DIRTY BP AMOCOBASRAH OIL TERMINALWEST WS 28
Jun-23DHT JAGUAR2015 270,000 DIRTY UNIPECAGCHINA RNR
Jun-23SAMCO SCANDINAVIA2006 270,000 DIRTY RELIANCECARIBSWC INDIA USD 2900000
Jun-23COSCO TBN2010 260,000 DIRTY CHEM CHINAW AFRICACHINA RNR
Jun-23APOLLONAS2016 270,000 DIRTY PETROCHINACARIBSEAST RNR
Jun-23NEW COMFORT2016 270,000 DIRTY UNIPECAGCHINA RNR
Jun-23NEW DIAMOND2000 270,000 DIRTY DAY HARVESTAGCHINA WS 43
Jun-23BW UTAH2001 270,000 DIRTY RELIANCEAGSIKKA RNR
Jun-23NEW KASSOS2000 265,000 DIRTY IOCBASRAH OIL TERMINALWC INDIA WS 59
Jun-23DABA2012 270,000 DIRTY ESSARCARIBSVADINAR USD 2900000
Jun-23ARAGONA2012 270,000 DIRTY RELIANCECARIBSJAMNAGAR USD 2900000
Jun-23BW LION2004 260,000 DIRTY PETROBRASBRAZILSINGAPORE WS 42
Jun-23C. PASSION2013 270,000 DIRTY IDEMITSUAGJAPAN RNR
Jun-22SMITI2005 270,000 DIRTY S.OILYANBUONSAN RNR
Jun-22NAUTILUS2006 260,000 DIRTY UNIPECW AFRICACHINA WS 49
Jun-22MARIA A. ANGELICOUSSIS2000 270,000 DIRTY ESSARCARIBSWC INDIA USD 2900000
Jun-22IZKI2012 280,000 DIRTY IRVINGRAS TANURAEC CANADA RNR
Jun-22SELENE TRADER2003 270,000 DIRTY SHELLHAY POINTS KOREA USD 5200000




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