Baltic Exchange shipping updates: Sept 23

Quick Summary:

In the Atlantic, rates for 260,000mt West Africa/China rose just over 1.5 points to a touch above WS100 (about US$66,000 per day round-trip TCE).

Meanwhile, for the 130,000mt Nigeria/UKC trip rates climbed three points to almost WS140 (a round-trip TCE of about US$41,000 per day).

In the West, the LR2s have been subject to lesser activity and subsequently TC15 has lost almost all of its gains from last week, dropping US$87,500 to US$4,416,667 by the end of the week.

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Category: InvestingFinance

Markets: MalaysiaAustraliaBrazilCanadaChinaIndiaIndonesiaJapanMexicoMoroccoNigerNigeriaSingaporeSpainTaiwan

Topics: 000-dwt Baltic 000mt Week Trip Market Fixed Mediterranean East Points Rates

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Article Type: News Report

Published On: 2022-09-23 @ 14:11:07 (4 months ago)

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