--- title: Tanker rates ease as activity drops description: "LPG and PCTC Remain Steady – Ongoing U.S. Incentives\n\nThis week, tanker rates experienced a widespread downward pressure, with average weighted earnings dropping by 8% from the previous week to reach 32,585 USD/day. This decline is mainly attributed to a decrease in chartering activity in the crude and product segments.\n\nThis week, tanker rates faced widespread downward pressure, with average weighted earnings falling by 8% from the previous week to 32,585 USD/day. This decline is primarily due to a reduction in chartering activity in the crude and product segments." image: https://blog.maritimefinance.ch/hubfs/W19_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) ![Tanker rates ease as activity drops](https://blog.maritimefinance.ch/hubfs/W19_article_1.jpg) # Tanker rates ease as activity drops - Home - [blog](https://blog.maritimefinance.ch/en/marketreportweekly) - Tanker rates ease as activity drops 05/12/2025 [Market update](https://blog.maritimefinance.ch/en/marketreportweekly/tag/market-update) 1 Minutes ![W19_article_1](https://blog.maritimefinance.ch/hs-fs/hubfs/W19_article_1.jpg?width=1200&height=884&name=W19_article_1.jpg) LPG and PCTC Remain Steady – Ongoing U.S. Incentives This week, tanker rates experienced a widespread downward pressure, with average weighted earnings dropping by 8% from the previous week to reach 32,585 USD/day. This decline is mainly attributed to a decrease in chartering activity in the crude and product segments. For context, a modern Suezmax equipped with scrubbers is currently earning around 52,000 USD/day, down from the low 60,000s USD of last week, according to Fearnleys. Despite this decrease, earnings remain at high levels. Upcoming incentives for vehicle production in the United States – maritime transport could benefit The LPG market remained stable, with the benchmark Houston-Chiba route for VLGCs trading at 38,400 USD/day, consistent with last week's levels. In the PCTC market, the U.S. government has announced changes to automobile import tariffs to promote domestic vehicle production. Under the new rules, automakers manufacturing vehicles in the United States will receive reduced tariffs based on the proportion of components sourced from the U.S. or USMCA, a measure that could bolster domestic assembly and, consequently, long-term demand for vehicle transport. *Source: Clarksons, Fearnleys* --- #### Tag: [Market update](https://blog.maritimefinance.ch/en/marketreportweekly/tag/market-update) #### Share: - [Follow us on Facebook](http://www.facebook.com/share.php?u=https://blog.maritimefinance.ch/en/marketreportweekly/tanker-rates-ease-as-activity-drops) - [Follow us on Twitter](https://twitter.com/intent/tweet?url=https://blog.maritimefinance.ch/en/marketreportweekly/tanker-rates-ease-as-activity-drops&text=Tanker%20rates%20ease%20as%20activity%20drops) - [Follow us on Linkedin](http://www.linkedin.com/shareArticle?mini=true&url=https://blog.maritimefinance.ch/en/marketreportweekly/tanker-rates-ease-as-activity-drops) - [Follow us on Pinterest](http://pinterest.com/pin/create/button/?url=https://blog.maritimefinance.ch/en/marketreportweekly/tanker-rates-ease-as-activity-drops&text=Tanker%20rates%20ease%20as%20activity%20dropsdescription=LPG%20and%20PCTC%20Remain%20Steady%20–%20Ongoing%20U.S.%20Incentives%20This%20week,%20tanker%20rates%20experienced%20a%20widespread%20downward%20pressure,%20with%20average%20weighted%20earnings[...]&media=https://143789414.fs1.hubspotusercontent-eu1.net/hubfs/143789414/W19_article_1.jpg) --- #### [Another major OPEC+ production increase Previous Post](https://blog.maritimefinance.ch/en/marketreportweekly/another-major-opec-production-increase?hsLang=en) #### [US ramps up sanctions on Iran Next Post](https://blog.maritimefinance.ch/en/marketreportweekly/us-ramps-up-sanctions-on-iran?hsLang=en) --- ## Related Posts It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. [Market update](https://blog.maritimefinance.ch/en/marketreportweekly/tag/market-update) [Admin](https://blog.maritimefinance.ch/en/marketreportweekly/author/admin) 23 September, 2025 #### [Notable optimism heading into Q4](https://blog.maritimefinance.ch/en/marketreportweekly/notable-optimism-heading-into-q4?hsLang=en) Tankers: Sustained momentum across crude segments The crude tanker market continues to gain… [Read More](https://blog.maritimefinance.ch/en/marketreportweekly/notable-optimism-heading-into-q4?hsLang=en) [Market update](https://blog.maritimefinance.ch/en/marketreportweekly/tag/market-update) [Admin](https://blog.maritimefinance.ch/en/marketreportweekly/author/admin) 23 September, 2025 #### [Floating storage demand signals short-term boost](https://blog.maritimefinance.ch/en/marketreportweekly/floating-storage-demand-signals-short-term-boost?hsLang=en) Rising inventories prompt buyers to favor floating storage Forecasts indicate a significant… [Read More](https://blog.maritimefinance.ch/en/marketreportweekly/floating-storage-demand-signals-short-term-boost?hsLang=en) [Market update](https://blog.maritimefinance.ch/en/marketreportweekly/tag/market-update) Magalie Loureiro 23 September, 2025 #### [Industry Prepares for Acceleration Beyond 2030](https://blog.maritimefinance.ch/en/marketreportweekly/le-secteur-se-pr%C3%A9pare-%C3%A0-une-phase-dacc%C3%A9l%C3%A9ration-apr%C3%A8s-2030?hsLang=en) Dual-fuel technology underpins long-term competitiveness Industry leaders anticipate a rapid… [Read More](https://blog.maritimefinance.ch/en/marketreportweekly/le-secteur-se-pr%C3%A9pare-%C3%A0-une-phase-dacc%C3%A9l%C3%A9ration-apr%C3%A8s-2030?hsLang=en) [![EMF](https://blog.maritimefinance.ch/hs-fs/hubfs/Maritime_Finance_April2024/images/cropped-EMF-2.png?width=600&height=632&name=cropped-EMF-2.png "EMF")](https://maritimefinance.ch/fr) #### European Maritime Finance AG ##### Lausanne Rue du Lion-d’Or 6 1003 Lausanne Suisse +41 21 588 04 89 [contact@maritimefinance.ch](mailto:contact@maritimefinance.ch) ##### Zug Gotthardstrasse 26 6300 Zug Suisse +41 41 588 18 56 [contact@maritimefinance.ch](mailto:contact@maritimefinance.ch) - Policies - [Cookies policy](https://maritimefinance.ch/cookies-policy/) - [Privacy policy](https://maritimefinance.ch/privacy-policy/) - [Sustainability policy](https://maritimefinance.ch/esg/) - [Complaints policy](https://maritimefinance.ch/complaint-policy/) - [Legal disclaimer](https://maritimefinance.ch/legal-disclaimer/) - Shortcuts - [OUR FLEET](https://maritimefinance.ch/our-fleet/) - [ABOUT US](https://maritimefinance.ch/about-us/) - [INVESTMENT](https://maritimefinance.ch/investments/) - [ESG](https://maritimefinance.ch/esg/) - [CAREER](https://maritimefinance.ch/career/) ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Admin", "url" : "https://blog.maritimefinance.ch/en/marketreportweekly/author/admin" }, "dateModified" : "2025-05-12T08:29:45.847Z", "datePublished" : "2025-05-12T08:29:45.000Z", "headline" : "Tanker rates ease as activity drops", "image" : [ "https://blog.maritimefinance.ch/hubfs/W19_article_1.jpg" ], "mainEntityOfPage" : { "@id" : "https://blog.maritimefinance.ch/en/marketreportweekly/tanker-rates-ease-as-activity-drops", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://blog.maritimefinance.ch/hubfs/EMF_logo_positiv_0224.png" }, "name" : "SIPA Group SA (EMF)" } } ```