Some increased interest in the VLCC period market this week although with a gap between the levels charterers are offering and what owners are willing to accept, there has been little to report in terms of fixtures.

On the clean side, interest in the LR2 sector has continued this week and on the MRs rate sentiment has firmed slightly providing some optimism.

Oil prices continued to surge this week reaching multi year highs thanks to the global energy supply crunch.