McQuilling Morning Commentary
Feb. 28, 2014
VLCC- Activity in the AG has been average this week, however rates have declined for fixtures with dates in the late 2nd Decade.
McQuilling Morning Commentary
Feb. 27, 2014
VLCC- West Africa rates continue to see some downward pressure, as the AG remains steady at the moment.
McQuilling Morning Commentary
Feb. 26, 2014
VLCC- Despite an increase in chartering activity in all geographic sectors, rates seem to be gradually declining.
McQuilling Morning Commentary
Feb. 25, 2014
VLCC- There has been some downward pressure end of last week, but rates remain steady at the moment.
McQuilling Morning Commentary
Feb. 24, 2014
VLCC- We have seen about 40 ships fixed in the Ag for March dates and owners are struggling to hold rates steady.
McQuilling Morning Commentary
Feb. 21, 2014
VLCC- The market is seeing a small push in activity at the end of a slow week.
McQuilling Morning Commentary
Feb. 20, 2014
VLCC- The substitution of Suezmax for VLCC has caused rates to stagnate in several market sectors.
McQuilling Morning Commentary
Feb. 19, 2014
VLCC- There are reports of Suezmaxes substituting for VLCC for 2-3 AG/Eastbound cargoes.
McQuilling Morning Commentary
Feb. 18, 2014
VLCC- Charterers and Owners are counting potential ships and cargoes that are still unfixed for the first 10 days of March.
McQuilling Morning Commentary
Feb. 17, 2014
VLCC- There are few requirements in the AG or West African markets at this time, and the position list remains tight.
McQuilling Morning Commentary
Feb. 13, 2014
VLCC - There has been little activity since yesterday, and rates remain steady as the position list is tight in the AG and West Africa.
McQuilling Morning Commentary
Feb. 12, 2014
VLCC - The position list for early March is tight, and owners continue to press for higher rates for March stems.
McQuilling Morning Commentary
Feb. 11, 2014
VLCC - March stems in the AG are appearing a few days early, as the number of fixtures for February '14 far exceeded last year's figures.
McQuilling Morning Commentary
Feb. 10, 2014
VLCC - A few February requirements remain in the AG and owners may elect to wait for March stems rather than fix at lower rates.
McQuilling Morning Commentary
Feb. 7, 2014
VLCC- It is a quiet end to a busy week with just 2-3 cargoes working in the AG.
McQuilling Morning Commentary
Feb. 6, 2014
VLCC- Rates AG/East have improved since last week, with ws48 levels being done recently.
McQuilling Morning Commentary
Feb. 5, 2014
VLCC- Worldscale rates for Eastbound tonnage have risen since Monday, as Westbound rates remain steady.
