Affinity Tanker Weekly Update – 14 March 2025
This past week has seen a surge in activity within the Very Large Crude Carrier (VLCC) sector, yet it has not translated into significant gains. The indices have shown slight improvements, only increasing by a few points overall. Despite the increased activity, the market appears to be stabilizing, with little fluctuation in rates or demand.
Operators are navigating a challenging landscape where external factors keep pricing under pressure. The consistency of trading has allowed a steady flow, but shipowners may find it difficult to leverage higher earnings in the current conditions. As the market continues to evolve, close attention will be required to gauge the future trajectory of VLCC performance.
Investors and stakeholders should remain cautious and informed, as any changes in global demand or geopolitical dynamics could quickly influence market stability. Overall, while the week demonstrated positive activity levels, the minimal impact on the indices suggests that the VLCC market is still in a waiting phase. Participants will need to assess upcoming developments closely as they plan their strategies moving forward.
Source: Affinity Research LLP