Signal analysis of trends across major vessel sizes in 2021 tanker freight market

Jan 14 2022


Using Signal Ocean data, Signal Group has analysed the trends and changes across the major vessel sizes in the dry and tanker freight market for 2021.

This report provides data on demand, supply and how the latest developments determined the performance of vessels’ earnings. The year to date evolution in supply and demand paves the way for the stronger or weaker performance of freight rates in parallel with the global changes in the macroeconomic environment and the challenges arising from the growth of the world’s second largest economy: China. 

 

The detailed report focues on the sentiment of demand and supply in the dry and tanker for crude and product segments. The report initially focuses on demand  before examining supply trend lines and their impact on freight rates and how the movements of the fourth quarter of this year could lead to euphoria in 2022.

 

A full copy of the report can be downloaded here. All charts used in the report can be downloaded here. If you choose to use the report, we request that a link back to www.thesignalgroup.com/overview  

 

 



Related News

TEN Ltd. announces the sale of a 2006-built LR2 product tanker

(May 05 2022)

TEN, Ltd. (TEN) (the “Company”) announced the sale of a 2006-built LR2 aframax tanker, one of the largest product tankers in the world at the time of its construction, to unrelated entities.



Navios Partners announces acquisition of 4 newbuilding vessels and entry into two related charters

(May 05 2022)

Navios Maritime Partners L.P. (“Navios Partners”), an international owner and operator of dry cargo and tanker vessels, announced that it agreed to purchase four 115,000 dwt LR2 newbuilding vessels, for a purchase price of $58.5 million each (plus $4...



Supervisory Board letter to Euronav shareholders

(May 05 2022)

Euronav NV (“Euronav” or the “Company”) has issued the following letter from the Supervisory Board to Euronav shareholders ahead of the AGM on May 19th, 2022.



Poten's Weekly Opinion: VLCC Outlook Remains Foggy

(May 05 2022)

VLCC TonMiles increased in the first quarter of 2022.



Veson Nautical acquires Q88

(May 05 2022)

Veson Nautical (“Veson” or the “Company”), a leading provider in maritime freight software worldwide, announced its acquisition of Q88, an information management and software platform for the maritime transportation industry.



Apr-May 2022

Tanker Accident Database - speeding up port calls - causes of enclosed space problems - resolving BWMS problems - investor''s view on LNG fuelled ships