According to @PotenPartners today we have an uptick in LR2 and LR1 rates while MRs remain very strong. $STNG

MRs are coming down but LRs continue to tick up. Let's see if this holds over the coming days.

http://energy.poten.com/poten-daily-briefing-webpage-02/04/2020

MR rates at same levels today while LR ones are continuing their rise little by little. $STNG $ASC $DSSI http://energy.poten.com/poten-daily-briefing-webpage-02/05/2020?utm_campaign=Poten%20Daily%20Briefing&utm_source=hs_email&utm_medium=email&utm_content=82941653&_hsenc=p2ANqtz-_IsOO0dR_UBcCX9XezV5qjvxecp1pq4NusC0te-cx6hPkiBpl67mqf4o1VvnOgrUxg9-ypRpbDo2rdGPIhALfAkvAAl-tX3rGQGHW5Rxeo01qP_GE&_hsmi=82941653

LR2s continue to rise as MRs continue to soften. Perhaps the one causes the other?

$STNG $ASC $DSSI http://energy.poten.com/poten-daily-briefing-webpage-02/06/2020?hs_preview=TOnGEwlh-25353543679&utm_campaign=Poten%20Daily%20Briefing&utm_source=hs_email&utm_medium=email&utm_content=83003832&_hsenc=p2ANqtz--hP_Pg4VM1dfJEqgoe27djxccSvJLZkL6sWy-2CPonjGioM0w3EsFF2h37r2VOm77N1FD0BCFbWfLeuo7jkdw4yVH0BnpfoFpri3f1S6N_Kf9M9co&_hsmi=83003832

Today we have a strong rebound in MR rates and a continuation of the uptick in LR2 rates. $STNG $ASC $DSSI

The clean #tankers rate recovery continues! $STNG $ASC $DSSI

$STNG $ASC $DSSI

$STNG $ASC $DSSI

$STNG $ASC $DSSI

$STNG $ASC $DSSI Rates have remained pretty much stable over the past few days.

$STNG $ASC $DSSI Rates have started to pick up again in the routes that Poten observes.

$STNG $ASC $DSSI

Product tanker rates are accelerating upwards! $STNG $ASC $DSSI

$STNG $ASC $DSSI

$STNG $ASC $DSSI I don't know about the stock prices but #product #tanker #freight rates are ticking up again!!!
#OOTT #oil

And rates are ticking up again...
$STNG $ASC $DSSI

$STNG $ASC $DSSI $HAFNIA

$STNG $ASC $DSSI $HAFNIA

Product tanker rates getting stronger and stronger.
$STNG $ASC $DSSI $HAFNIA

And they continue to go up & up ! The market will notice at some point. Even if it is the announcement of Q1 2020 earnings. $STNG $ASC $DSSI $HAFNIA

And up we continue...
$STNG $ASC $DSSI $HAFNIA $INSW $EURN $TNK $FRO $DHT

And the rates climb continues!
$STNG $ASC $DSSI $HAFNIA $INSW $EURN $TNK $FRO $DHT

Guess what! Product tanker rates rose today too!!!
$STNG $ASC $DSSI $HAFNIA $INSW $EURN $TNK $FRO $DHT

Tanker rates up as expected! Both crude and product!!!
$STNG $ASC $DSSI $HAFNIA $INSW $EURN $TNK $FRO $DHT

LR2s at $34K MRs at $20K-$26K
$STNG $ASC $DSSI $HAFNIA $INSW $EURN $TNK $FRO $DHT #tankers #oott

VLCCs $171K
Suez & Afra $33K
Pana $39K

LR2s at $41K
LR1s $29K and
MRs at $20K-$22K
$STNG $ASC $DSSI $HAFNIA $INSW $EURN $TNK $FRO $DHT #tankers #oott

VLCCs $183K
Suez $64K
Afra $41K
Pana $40K

LR2s still at $41K
LR1s $29K and
MRs at $20K-$23K
$STNG $ASC $DSSI $HAFNIA $INSW $EURN $TNK $FRO $DHT #tankers #oott

VLCCs $243K
Suez $110K
Afra $46K
Pana $45K

LR2s still at $42K
LR1s $29K and
MRs at $20K-$23K
$STNG $ASC $DSSI $HAFNIA $INSW $EURN $TNK $FRO $DHT #tankers #oott

VLCCs $258K
Suez $139K
Afra ???K
Pana $45K

LR2s rise to $47K!!!
LR1s $34K
MRs at $21K-$25K
$STNG $ASC $DSSI $HAFNIA $INSW $EURN $TNK $FRO $DHT #tankers #oott

VLCCs $257K
Suez $142K
Afra $48K
Pana $46K

LR2s rise to $48.5K!!!
LR1s $35K
MRs at $22K-$29K
$STNG $ASC $DSSI $HAFNIA $INSW $EURN $TNK $FRO $DHT #tankers #oott

VLCCs $219K
Suez $113K
Afra $48K
Pana $46.5K

LR2s rise to $54K!!!
LR1s $37K
MRs at $21K-$28K
$STNG $ASC $DSSI $HAFNIA $INSW $EURN $TNK $FRO $DHT #tankers #oott

VLCCs $188K
Suez $78K
Afra $49K
Pana $47K

LR2s $55K
LR1s $37K
MRs at $19K-$29K
$STNG $ASC $DSSI $HAFNIA $INSW $EURN $TNK $FRO $DHT #tankers #oott

VLCCs $136K LR2s $54K
Suez $55K LR1s $35K
Afra $52K MRs at $19K-$30K
Pana $48K
$STNG $ASC $DSSI $HAFNIA $INSW $EURN $TNK $FRO $DHT #tankers #oott

VLCCs $104K LR2s $54K
Suez $47K LR1s $35.5K
Afra $61K MRs at $16K-$28K
Pana $48K
$STNG $ASC $DSSI $HAFNIA $INSW $EURN $TNK $FRO $DHT #tankers #oott

VLCCs $89K LR2s $53K
Suez $53K LR1s $36K
Afra $36K MRs at $15K-$25K
Pana $41K
$STNG $ASC $DSSI $HAFNIA $INSW $EURN $TNK $FRO $DHT #tankers #oott

VLCCs $98K LR2s $53K
Suez $48K LR1s $35K
Afra $36.5K MRs at $15K-$26K
Pana $41K
$STNG $ASC $DSSI $HAFNIA $INSW $EURN $TNK $FRO $DHT #tankers #oott

VLCCs $118K LR2s $51K
Suez $61K LR1s $40K
Afra $29K MRs at $15K-$26K
Pana $41K
$STNG $ASC $DSSI $HAFNIA $INSW $EURN $TNK $FRO $DHT #tankers #oott

VLCCs $182K LR2s $53K
Suez $71K LR1s $36K
Afra $29K MRs at $13K-$30K
Pana $41K
$STNG $ASC $DSSI $HAFNIA $INSW $EURN $TNK $FRO $DHT $TK $TNP #tankers #oott #oil #contango

VLCCs $234K LR2s $53.3K
Suez $74.5K LR1s $36.4K
Afra $29K MRs at $12K-$30K
Pana $41.5K
$STNG $ASC $DSSI $HAFNIA $INSW $EURN $TNK $FRO $DHT $TK $TNP #tankers #oott #oil #contango

TL;DR -->

VLCCs $247K LR2s $57K
Suez $101K LR1s $38K
Afra $31K MRs at $12K-$29K
Pana $42K
$STNG $ASC $DSSI $HAFNIA $INSW $EURN $TNK $FRO $DHT $TK $TNP #tankers #oott #oil #contango

TL;DR -->

VLCCs $248K LR2s $60.6K
Suez $105K LR1s $41K
Afra $32K MRs at $11.5K-$29.5K
Pana $42K
$STNG $ASC $DSSI $HAFNIA $INSW $EURN $TNK $FRO $DHT $TK $TNP #tankers #oott #oil #contango

TL;DR -->

VLCCs $247K LR2s $67K
Suez $98K LR1s $46K
Afra $32K MRs at $10K-$28K
Pana $42K
$STNG $ASC $DSSI $HAFNIA $INSW $EURN $TNK $FRO $DHT $TK $TNP #tankers #oott #oil #contango

TL;DR--> The party is still on

VLCCs $247K LR2s $64K
Suez $92K LR1s $46K
Afra $32K MRs at $12K-$27K
Pana $42K
$STNG $ASC $DSSI $HAFNIA $INSW $EURN $TNK $FRO $DHT $TK $TNP #tankers #oott #oil #contango

TL;DR--> what oil cuts? Rates are

VLCCs $195K LR2s $66K
Suez $91K LR1s $46K
Afra $29K MRs at $12K-$25K
Pana $42K
$STNG $ASC $DSSI $HAFNIA $INSW $EURN $TNK $FRO $DHT $TK $TNP #tankers #oott #oil #contango

TL;DR-->

VLCCs $170K LR2s $66K
Suez $78K LR1s $46K
Afra $27K MRs at $12K-$23K
Pana $41K
$STNG $ASC $DSSI $HAFNIA $INSW $EURN $TNK $FRO $DHT $TK $TNP #tankers #oott #oil #contango

TL;DR--> crude tankers soften
product tankers remain strong

VLCCs $170K LR2s $66K
Suez $65K LR1s $48.5K
Afra $15K MRs at $11K-$19K
Pana $38K
$STNG $ASC $DSSI $HAFNIA $INSW $EURN $TNK $FRO $DHT $TK $TNP #tankers #oott #oil #contango

TL;DR--> still minting

VLCCs $171K LR2s $67K
Suez $65K LR1s $49K
Afra $18K MRs at $11K-$20K
Pana $39K
$STNG $ASC $DSSI $HAFNIA $INSW $EURN $TNK $FRO $DHT $TK $TNP #tankers #oott #oil #contango

TL;DR--> crude picks up again, product seems to have found balance

VLCCs $196K LR2s $66K
Suez $75K LR1s $49K
Afra $21K MRs at $11K-$20K
Pana $39K
$STNG $ASC $DSSI $HAFNIA $INSW $EURN $TNK $FRO $DHT $TK $TNP #tankers #oott #oil #contango

TL;DR--> crude stabilizes, product tanker rates get even stronger!!!

VLCCs $177K LR2s $70K
Suez $72K LR1s $49K
Afra $17K MRs $14K-$22K
Pana $39K
$STNG $ASC $DSSI $HAFNIA $INSW $EURN $TNK $FRO $DHT $TK $TNP #tankers #oott #oil #contango

TL;DR--> crude tankers continue killing it, product tankers enter "hold my beer phase"

VLCC $184K LR2 $78K
Suez $73K LR1 $50.5K
Afra $17K MR $17K-$22K
Pana $39K
$STNG $ASC $DSSI $HAFNIA $INSW $EURN $TNK $FRO $DHT $TK $TNP #tankers #oott #oil #contango

TL;DR--> crude tankers continue killing it, product tankers enter "hold my beer phase"

VLCC $178K LR2 $78K
Suez $70K LR1 $50.5K
Afra $26K MR $17K-$25K
Pana $39K
$STNG $ASC $DSSI $HAFNIA $INSW $EURN $TNK $FRO $DHT $TK $TNP #tankers #oott #oil #contango

TL;DR--> product tankers just entered fantasy land. As in "FANTASTIC RATES".


VLCC $162K LR2 $82K
Suez $70K LR1 $56K
Afra $27K MR $17K-$34K
Pana $40K
$STNG $ASC $DSSI $HAFNIA $INSW $EURN $TNK $FRO $DHT $TK $TNP #tankers #oott #oil #contango

TL;DR--> HOLY COW!!!

VLCC $237K LR2 $112K
Suez $77K LR1 $73K
Afra $37K MR $22K-$44K
Pana $40K
$STNG $ASC $DSSI $HAFNIA $INSW $EURN $TNK $FRO $DHT $TK $TNP #tankers #oott #oil #contango

TL;DR--> O.M.G. PRODUCT TANKERS JUST EXPLODED TWO SIZES HIGHER!!!

VLCC $239K LR2 $146K
Suez $99K LR1 $87K
Afra $59K MR $32K-$58K
Pana $43K
$STNG $ASC $DSSI $HAFNIA $INSW $EURN $TNK $FRO $DHT $TK $TNP #tankers #oott #oil #contango

TL;DR--> We weren't dreaming yesterday... PRODUCT RATES ARE STILL BONKERS!!!

VLCC $199K LR2 $156K
Suez $104K LR1 $114K
Afra $98K MR $46K-$87K
Pana $43K
$STNG $ASC $DSSI $HAFNIA $INSW $EURN $TNK $FRO $DHT $TK $TNP #tankers #oott #oil #contango

TL;DR--> LR2s are a breath away from surpassing VLCCs!!! LR1s > Suezmaxes!!!

VLCC $180K LR2 $175K
Suez $98K LR1 $113K
Afra $58K MR $53K-$87K
Pana $43K
$STNG $ASC $DSSI $HAFNIA $INSW $EURN $TNK $FRO $DHT $TK $TNP #tankers #oott #oil #contango

TL;DR--> Another day of super high rates...
I could get used to this

VLCC $187K LR2 $175K
Suez $88K LR1 $114K
Afra $70K MR $54K-$85K
Pana $44K
$STNG $ASC $DSSI $HAFNIA $INSW $EURN $TNK $FRO $DHT $TK $TNP #tankers #oott #oil #contango

TL;DR--> Either product rates are super stable or there isn't much activity here.

VLCC $174K LR2 $175K
Suez $85K LR1 $114K
Afra $72K MR $50K-$81K
Pana $44K
$STNG $ASC $DSSI $HAFNIA $INSW $EURN $TNK $FRO $DHT $TK $TNP #tankers #oott #oil #contango

TL;DR--> Softening crude rates (but still awesome), stable sky-high product rates.

VLCC $130K LR2 $175K
Suez $72K LR1 $120.5K
Afra $69K MR $51K-$74K
Pana $44K
$STNG $ASC $DSSI $HAFNIA $INSW $EURN $TNK $FRO $DHT $TK $TNP #tankers #oott #oil #contango

TL;DR--> rates have stabilized at sky-high levels. Not a fluke. There is legit activity.

VLCC $129K LR2 $174.6K
Suez $69K LR1 $120K
Afra $66K MR $48K-$69K
Pana $44K
$STNG $ASC $DSSI $HAFNIA $INSW $EURN $TNK $FRO $DHT $TK $TNP #tankers #oott #oil #contango

TL;DR--> Crude tanker rates continue to soften but product tankers are holding strong.

VLCC $77K LR2 $174K
Suez $51K LR1 $112K
Afra $65K MR $45K-$48K
Pana $44K
$STNG $ASC $DSSI $HAFNIA $INSW $EURN $TNK $FRO $DHT $TK $TNP #tankers #oott #oil #contango

TL;DR--> *Yawn* here we are ladies and gentlemen, just another day with super high rates..

VLCC $77K LR2 $156K
Suez $45K LR1 $113K
Afra $38K MR $33K-$40K
Pana $44K
$STNG $ASC $DSSI $HAFNIA $INSW $EURN $TNK $FRO $DHT $TK $TNP #tankers #oott #oil #contango

TL;DR--> Keep Calm And Buy Tankers

VLCC $56K LR2 $155K
Suez $44K LR1 $112K
Afra $27K MR $31K-$35K
Pana $36K
$STNG $ASC $DSSI $HAFNIA $INSW $EURN $TNK $FRO $DHT $TK $TNP #tankers #oott #oil #contango

TL;DR--> If you're allergic to money don't look product tankers still killing it...

VLCC $57K LR2 $155K
Suez $40K LR1 $113K
Afra $27K MR $28K-$29K
Pana $36K
$STNG $ASC $DSSI $HAFNIA $INSW $EURN $TNK $FRO $DHT $TK $TNP #tankers #oott #oil #contango

TL;DR--> LR2 & Suezmax rates are up. The rest are flat or slightly down. All still super high.

VLCC $55K LR2 $160K
Suez $42K LR1 $104K
Afra $27K MR $27K-$28K
Pana $36K
$STNG $ASC $DSSI $HAFNIA $INSW $EURN $TNK $FRO $DHT $TK $TNP #tankers #oott #oil #contango

TL;DR--> Afras picked up a little. LRs continue strong and the rest are stable.

VLCC $55K LR2 $146K
Suez $44K LR1 $112K
Afra $33K MR $24K-$28K
Pana $36K
$STNG $ASC $DSSI $HAFNIA $INSW $EURN $TNK $FRO $DHT $TK $TNP #tankers #oott #oil #contango

TL;DR--> Crude tanker rates are stable. MRs have returned to "normal" rates. LRs still at record highs.

VLCC $56K LR2 $129K
Suez $47K LR1 $94K
Afra $32K MR $21K-$28K
Pana $36K
$STNG $ASC $DSSI $HAFNIA $INSW $EURN $TNK $FRO $DHT $TK $TNP #tankers #oott #oil

TL;DR--> Smaller sizes are returning to normal levels. Larger sizes and esp LRs still at super high rates.

VLCC $56K LR2 $118K
Suez $47K LR1 $92K
Afra $34K MR $15K-$28K
Pana $36K
$STNG $ASC $DSSI $HAFNIA $INSW $EURN $TNK $FRO $DHT $TK $TNP #tankers #oott #oil

TL;DR--> Crude is ticking up, LRs are still great. Some MRs are taking a beating.

VLCC $57K LR2 $110K
Suez $47.5K LR1 $79K
Afra $34K MR $13K-$27K
Pana $36K
$STNG $ASC $DSSI $HAFNIA $INSW $EURN $TNK $FRO $DHT $TK $TNP #tankers #oott #oil

TL;DR--> except from LRs that came down a bit the rest seem to have stabilized.

VLCC $56K LR2 $91K
Suez $46K LR1 $72K
Afra $36K MR $13K-$27K
Pana $36K
$STNG $ASC $DSSI $HAFNIA $INSW $EURN $TNK $FRO $DHT $TK $TNP #tankers #oott #oil