--- title: Steady momentum in the tanker market description: "The Suezmax segment experiences growth during an overall quiet week\n\nThis week has been relatively quiet across the main EMF markets—tankers, LPG, and PCTC—with no significant changes. The tanker market showed some positive momentum, particularly in the Suezmax segment, which saw a weekly increase of 10%. The route from the Persian Gulf to the Mediterranean via the Suez Canal recorded the most significant weekly growth at 23%, highlighting the market's strength. Product tankers also experienced a slight rise in earnings." image: https://blog.maritimefinance.ch/hubfs/W11_article_1.jpg --- [![EMF](https://blog.maritimefinance.ch/hubfs/Maritime_Finance_April2024/images/EMF.png)](https://maritimefinance.ch/fr) - [ABOUT](https://maritimefinance.ch/about-us/) - [OUR FLEET](https://maritimefinance.ch/our-fleet/) - [PAST PERFORMANCE](https://maritimefinance.ch/past-performance/) - [INVESTMENTS](https://maritimefinance.ch/investments/) - [MARKET NEWS](https://blog.maritimefinance.ch/en/marketreportweekly) - [GLOBAL NEWS](https://maritimefinance.ch/global-news/) - [CONTACT US](https://maritimefinance.ch/contact-us/) - [ABOUT](https://maritimefinance.ch/about-us/) - [OUR FLEET](https://maritimefinance.ch/our-fleet/) - [PAST PERFORMANCE](https://maritimefinance.ch/past-performance/) - [INVESTMENTS](https://maritimefinance.ch/investments/) - [MARKET NEWS](https://blog.maritimefinance.ch/en/marketreportweekly) - [GLOBAL NEWS](https://maritimefinance.ch/global-news/) - [CONTACT US](https://maritimefinance.ch/contact-us/) [![fr_FR](https://blog.maritimefinance.ch/hubfs/Maritime_Finance_April2024/images/fr_FR.png)](https://blog.maritimefinance.ch/marketreportweekly?hsLang=en) [![en_GB](https://blog.maritimefinance.ch/hubfs/Maritime_Finance_April2024/images/en_GB.png)](https://blog.maritimefinance.ch/en/marketreportweekly) [![fr_FR](https://blog.maritimefinance.ch/hubfs/Maritime_Finance_April2024/images/fr_FR.png)](https://blog.maritimefinance.ch/marketreportweekly?hsLang=en) ![Steady momentum in the tanker market](https://blog.maritimefinance.ch/hubfs/W11_article_1.jpg) # Steady momentum in the tanker market - Home - [blog](https://blog.maritimefinance.ch/en/marketreportweekly) - Steady momentum in the tanker market 03/17/2025 [Tanker Update](https://blog.maritimefinance.ch/en/marketreportweekly/tag/tanker-update) 1 Minutes ![W11_article_1](https://blog.maritimefinance.ch/hs-fs/hubfs/W11_article_1.jpg?width=1200&height=884&name=W11_article_1.jpg) The Suezmax segment experiences growth during an overall quiet week This week has been relatively quiet across the main EMF markets—tankers, LPG, and PCTC—with no significant changes. The tanker market showed some positive momentum, particularly in the Suezmax segment, which saw a weekly increase of 10%. The route from the Persian Gulf to the Mediterranean via the Suez Canal recorded the most significant weekly growth at 23%, highlighting the market's strength. Product tankers also experienced a slight rise in earnings. The VLGC market remains weak – a recovery is expected by summer The LPG and PCTC markets have remained stable with limited activity. VLGC rates have seen a slight increase due to reduced tonnage availability, but overall, the market is expected to remain weak until the second half of 2025, when U.S. export capacity is set to rise, potentially driving rates up. Seasonal trends indicate a rate increase as summer approaches, and with the slow pace of newbuild deliveries and the planned expansion of export capacity by 8 mtpa in the Netherlands for the latter half of the year, we anticipate 2025 to be an average year with healthy levels. 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