Oil tanker market rates
Daily rates on main tanker routes as compiled by shipbroker Charles R. Weber. Charles R. Weber Tanker Market Updated by 10am EST Daily Thursday October 10 2019 In an industry report from Nordic American Tankers with data from Clarksons Platou, dayrates for very large crude carriers are up 55% in the past week, and current rates are 425% higher than last Chemical tanker market has lagged behind for seven years. Chemical tanker rates increased 25 percent in 2019. Still, there is some way to go before Odfjell's CEO would call the market sustainable. Seven years of feet-dragging are noticeable, he tells ShippingWatch. And now another black swan has emerged.