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Annual Review 2021
(12 months T/C - USD/day) 2021 2020 15000 28500 15000 23500 16000 33000 16000 33500 16000 25000 16500 19500 15500 19000 15500 19000 19000 17000 16500 16000 22458
Aframax (Modern) 2019 18500 18750 19250 20500 21500 21500 21500 22000 26500 26500 26000 27000 22402
2018 17300 13500 13500 13500 13750 14250 14250 15000 15250 15000 17500 18000 15067
2017 17250 17250 16000 15500 15500 15500 15000 14000 14000 15500 15000 18500 15750
2021 16000 16500 16500 16000 16500 16500 16500 16000
2020 37500 30000 47500 45000 31500 25000 23000 22000 21500 19000 17500 17500 28083
Suezmax (Modern) 2019 24500 24500 24000 24000 24000 24000 24500 24500 26000 41000 36000 35500 27708
2018 21000 16500 16250 15500 15500 16500 16500 17000 17250 19000 24000 24500 18292
2017 22000 21500 19500 19000 19000 17500 17000 17000 17000 18000 17500 22000 17085
2021 28500 28000 29000 30000 30000 30000 25000 25000
5.1 Fearnleys - Time Charter Rates for Tankers
2020 57500 42500 80000 80000 60000 38500 39000 36500 36500 29000 29000 28500 46417
VLCC (Modern) 2019 31125 26000 33000 32000 37500 38000 38000 38000 48500 55000 50000 50000 39760
2018 2017 27500 27500 23500 27500 22500 27000 21000 27500 21000 27500 23000 27500 23500 27500 24500 27500 25000 26500 30000 28000 32500 27500 34000 31500 25667 27417
5. FREIGHT RATES Source: ISL Shipping Statistics and Market Review
September
December
November
February
Average
October
January
August
March
Month
June
April
May
July
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