Positive sentiment remains pronounced in the tanker market
The tanker segment continues to demonstrate sustained strength this week, underpinned by robust earnings and steady demand, as supply adjustments implemented by OPEC+ keep shaping market dynamics.
Vessel utilization is increasing on key routes, fostering confidence among market participants.
The LPG market maintains its momentum
LPG segment activity remained robust this week, with VLGC rates sustained at elevated levels despite minor fluctuations in trading flows. Ongoing demand for US and Middle Eastern exports continues to support freight market strength, while gradual adjustments in trade patterns are helping to balance supply and demand, contributing to a more optimistic outlook.
Car carriers: fundamentals remain strong
The car carrier market continues to display significant resilience, with stable rate levels and sustained demand driven by global trade flows. Long-term fundamentals remain robust, supported by the progressive expansion of service offerings. Although the PCTC segment is coming down from its peak, the market is expected to remain solid, underpinned by high fleet employment and firm rate levels.
Source : Clarksons & Fearnleys