Very large tanker
In the Gulf of Middle East, it was a tough week for shipowners. They had to compete with ships that were not particularly good. Some ships either came out of the dry dock or were new ships or ships older than 15 years old. These ships, based on the 270,000 tons of goods on the market, went to the Far East, and the freight rate fell further to the national standard 40, and other ships were 2/3 points higher. To the west, Shell rented the ship, the freight rate was the national standard 27, and all went through the Cape of Good Hope. Based on the cargo of 280,000 tons, the goods went to the US Gulf. Because of the option to go to the Far East, the freight rate was higher. Exxon rented the ship and went straight to the US Gulf to unload the cargo. The freight rate was 24.75. It went through the Suez Canal and was based on 270,000 tons of cargo. At the same time, Irving rented the 'Polymnia' just for the dry dock. 280,000 tons of cargo transportation, shipped on July 10, the national standard of freight rate 24.5, come and go through the Cape of Good Hope to the east coast of Canada.
The freight rate in West Africa has become even weaker. Unipec leased the ships of NS Lemos and Frontline with the national standard 51. Before that, Unipec rented the 'Antigone' freight rate at the national standard of 48.5/49. From West Africa to the east coast of India, the freight rate is about 46.5. As expected, the freight rate for longer routes to China has dropped further. From Europe, one vote of fuel was sold but not finalized, with a freight rate of $3 million, from Rotterdam to Singapore, and then from Hound Point to South Korea, the freight rate dropped from the previous $5.15 million to approximately $4.75 million. From the east coast of Mexico to Singapore, the BW ship is said to have been rented out at a cost of $3.85 million, while the freight to South Korea was $4.25 million. At the same time, the shipping rate from the Caribbean to Singapore is still between $3.5 and $3.6 million.

Suez Extreme Tanker
In West Africa, freight rates have been under downward pressure, and ships have accumulated a large amount due to lack of enquiries. The market freight rate here dropped by about 2.25 points to the national standard of 67.25, based on the unloading of goods in the UK-Europe region, while Monroe leased the goods from the Akpo to Philadelphia route for a ship transport, the freight rate was 65. The Black Sea market initially benefited from a stable enquiry. The freight rate rose by about 5 points to the national standard of 87.5, and then returned to the national standard of 85. The current freight rate is still under pressure. In the Mediterranean, Total is said to have chartered Aegean's ship for the shipment of 135,000 tons of cargo, from Ceyhan to Donges, at a national rate of 77.5. Subsequently, Repsol was chartered into the ship at a tariff of 67.5, from SidiKerir to Spain, and was also based on cargo of 135,000 tons.

Aframax limit tanker
In the Mediterranean, the market is again under downward pressure. From the market, the freight rate has dropped by about 10 points to the national standard of 92.5. Subsequently, Chevron leased the ship Sigma Integrity from Ceyhan at the tariff of 91.25, while the black shipping price was at the national standard 95. However, the broker feels that the pallets that have been loaded for the last ten days of the month have not yet fully entered the market, and there may be potential for recovery after the freight rate.
At the beginning of this week, the freight rate in the Baltic region fell by about 7.5 national standard points, stabilized at 77.5 national standard, based on cargo of 100,000 tons, and at the same time, due to the shortage of inquiries about 80,000 tons of goods across the North Sea market, The market freight rate fell from the national standard of 107.5 last week to the current national standard of 100.
Inquiries from the Caribbean are also rare, due to the large number of early ships and the July 4 holiday, which caused the market to be sluggish for a week, with the freight rate at 82.5. There is less trade in the Trans-Atlantic region, and shipowners have less revenue in the Caribbean, causing many ships to leave to Europe.

Panamax
In the European region, this week is slightly better for the shipowners. BP paid the freight rate National Standard 100 to rent the ship, transporting 55,000 tons of cargo, going to the US Gulf, the freight rate increased by about 10 points compared with the beginning of this week. However, the market is still very unstable. Due to the weak performance of the Caribbean northbound market, the ships are vacant from here. The brokers feel that the market freight rate may be under new downward pressure at the end of this month, because many ships are Wait here.

Product tanker
Based on the volume of 37,000 tons, the number of inquiries and a large number of ships from Europe to the west coast of the United States caused the freight rate to drop from the national standard 105 a week ago to the national standard of 92.5/95. In the US Gulf, based on cargo of 38,000 tons, the market is still weak from the Pacific to the Atlantic route, although, due to some very immediate enquiries, the shipowner can push the freight rate up to 5 points to the national standard 70. .

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