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Tankers: Slight Recovery for Larger Vessels


Middle East Gulf rates recovered slightly with 280,000mt to US Gulf, basis Cape to Cape now being rated up a point at WS 26/27 level. 270,000mt to China picked up about three to four points to WS 53.5/54 region.


First Draft Gas Tanker Voyage Charter Party Well Underway


A joint project from BIMCO and the Association of Ship Brokers & Agents (U.S.A.), Inc. (ASBA) to develop a standard gas tanker voyage charter party took a big leap forward at a subcommittee meeting on 5-6 September. The aim of