Rates in the ME Gulf to China remained steady at around WS 49. A trip to Japan was covered at WS 47.75 while a shorter run to Singapore reportedly got fixed at WS 48.5 by SPC, all basis 270,000mt.

Rates in the ME Gulf for 270,000mt to China firmed 2.5 points to around WS 49.5/50 level. A shorter run to Singapore went at WS 48, and 280,000mt to US Gulf is steady at around WS 19 Cape/Cape.

Rates firmed in the ME Gulf for 270,000mt to China to around WS 47.5, although increased bunker prices likely contributed. Going west, Valero fixed at WS 17 Cape/Cape, but this was on Iraqi...

Rates in the Middle East Gulf for 270,000 tonnes to China have been steady at WS 41/41.25, while WS 37.5 was done to South Korea, although increased bunker costs leave owners struggling to maintain...

A positive mood for the coming days, with rates firming again as the week closed out. In Asia, the key C5 route, West Australia/China, peaked at $8.55, but then lost ground as a holiday in Europe...

A positive end to the week for the big ships with gains particularly in the East, on the key West Australia/China run and the majors and operators in the market.

Another difficult week for owners in the Middle East Gulf saw rates hovering around WS 39/40 region to China. GSC fixed to South Korea at WS 35.5 all basis 270,000 tonnes cargo.

The LR2 market for 75,000 tonnes, Middle East Gulf to Japan, has continued to soften, and now sits at around WS 90, down from the high WS 90s of last week. LR1s also eased 2.5 WS points to WS 110 for...

The LR2 market for 75,000 tonnes from Middle East Gulf to Japan lost 5/7.5 WS points and is now back in the very high WS 90s.

After a relatively positive start, the market stalled mid-week, dropping below $6.00 on the West Australia/China run, regaining some ground as the week closed out.