5: Development in Freight Rates
Table 5.1: Freight Rate Index for Tankers
|
|
| Crude Oil Tankers
150,000 DWT and above
| | Products Tankers
30,000-70,000 DTW
|
| Worldscale = 100
|
Month | 1998 |
1999 | 2000 | 2001
| | 1998 | 1999
| 2000 | 2001 |
| | | | | | | | | |
January | 55 | 54
| 48 | 152 | |
150 | 117 | 126 |
346 |
February | 55 | 59
| 53 | 117 | |
142 | 138 | 141 |
231 |
March | 69 | 62
| 58 | 87 | |
133 | 114 | 164 |
239 |
April | 72 | 49
| 70 | 94 | |
146 | 137 | 196 |
272 |
May | 70 | 38
| 81 | 81 | |
122 | 128 | 177 |
191 |
June | 75 | 40
| 96 | 61 | |
120 | 121 | 174 |
183 |
July | 74 | 49
| 101 | 48 | |
136 | 124 | 245 |
168 |
August | 75 | 42
| 106 | 52 | |
129 | 113 | 266 |
130 |
September | 60 | 41
| 129 | | |
120 | 108 | 269 |
|
October | 47 | 47
| 136 | | |
107 | 110 | 194 |
|
November | 54 | 50
| 134 | | |
117 | 111 | 267 |
|
December | 49 | 45
| 138 | | |
119 | 106 | 272 |
|
Average | 63 |
48 | 96 | 87
| | 128 | 119
| 208 | 220 |