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Crude Tankers

Fixing conitnues at a slow and measured pace - with about 35 cgos covered thus far for January.  Optimists can assume another 70 cgos to go, while the less cheerful among us might only assume about 60.  Position lists look capable of handling necessary requirements in the near term - so we need to keep an eye the potential mismatch in dates/cgos - one that could allow Owners to push rates up.  At moment - I dont quite see that window.  AG/East remains about WS 62.5 while Suzemaxes Wafr/Usac sit at about 132.5.

Posted on Tue, December 30, 2008 at 07:40 by Registered Commentermike reardon | CommentsPost a Comment

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