Asia-Pacific maritime trade remains the backbone of global flows
December 4, 2025
2021 is not off to a great start. Usually, the winter months are good for tanker rates, but not this year. A review of the daily market rates shows low Worldscale (WS) assessments, which lead to very low TCE (time charter equivalent) earnings. Some earnings, particularly in the crude oil segment, are even dipping into negative territory. VLCCs, Suezmaxes and […]
