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Market Outlook


FRIDAY OCTOBER 31, 2025
D.P.P.  TRADE  RATE
 
VLCC
280,000 MT MEG > USG             WS 70
270,000 MT MEG > EAST            WS 130
270,000 MT MEG > JAPAN       WS 127
260,000 MT  WAFR > CHINA           WS 120
270,000 MT CARIBS > SPOR     USD 12.5 M
 
SUEZMAX
140,000 MT BASRAH HEAVY > WEST  WS 107.5 (S/S) 72.5 (C/C)
     
130,000 MT WAFR > US  WS 140
135,000 MT CROSS MED   WS 147
135,000 MT B.SEA > UKC-M  WS 160
130,000 MT AG > EAST  WS 130
 
AFRAMAX
80,000 MT CROSS MED  WS 205
80,000 MT  BL.SEA > MED  WS 225
80,000 MT N.SEA > UKC  WS 152.5
80,000 MT AG > EAST  WS 190
80,000 MT INDO > KOREA-JPN  WS 172
70,000 MT  CBS > USG-AC  WS 245
     

 

FRIDAY OCTOBER 31, 2025
C.P.P.  TRADE  RATE
 
MR
37,000 MT  CONT > TA  WS 95
30,000 MT  BALT > UKCONT  WS 175
22,000 MT CROSS UKCONT  WS 170
     
30,000 MT BLSEA > MED  WS 160
30,000 MT CROSS MED   WS 140
30,000 MT MED > UKCONT   WS 150
     
35,000 MT SKOREA > JAPAN  USD 395 K
     
38,000 MT  CBS > USAC  WS 205
 
LR1
55,000 MT AG > JPN  WS 150
  AG > UKCONT  USD 3.2 M
LR2
75,000 MT AG > JPN  WS 140
  AG > UKCONT  USD 4 M
 

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