Baltic Exchange shipping updates: Sept 23

The Edge Markets LogoThe Edge Markets4 mo ago

Baltic Exchange shipping updates: Sept 23 - The Edge Markets

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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Baltic Exchange shipping updates: Sept 23 - The Edge Markets (Picture 1)


Article Details

Category: InvestingFinance



Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

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

News Timezone: GMT +8:00

Ranking: #1434 (out of 2515 stories this day)

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Language: English

Article Length: 1748 words

Reading Time: 10 minutes read

Sentences: 84 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Edge Markets

News ID: 496288

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About The Edge Markets

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Main Topics: InvestingFinance

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Update Frequency: 14 posts per day

Year Established: 1994

Headquarters: Malaysia

News Last Updated: 20 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #17

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