Charles R. Weber Company, Inc.

Charles R. Weber Company, Inc. is one of the oldest and largest ship brokerage firms in the United States. Established in 1940, the company is an independent full-service shipbroker and marine consultant. With a long and well respected history in the ship brokerage industry to draw on we are constantly striving to better serve our marine clients and ensure that we are at the forefront of the ever changing global seaborne transportation industry.

Based in Greenwich, Connecticut, Charles R. Weber Company, Inc. offers a broad range of maritime brokerage and consulting services to international oil, marine, trading and financial clients worldwide. In addition to our Greenwich headquarters, as of 2015 we have expanded our presence in the Americas market with the establishment of a Houston, TX, office. We believe that this office will further our worldwide coverage with an enhanced and strategic focus on the Houston and wider Texas energy market, from where the US’ charterer and shipping base is increasingly located.

Vessel Chartering

Charles R. Weber Company, Inc. is one of the foremost spot and period tanker chartering brokers in the world. As panel brokers for all of the major oil companies and traders in the United States and many overseas our dedicated multi-national team of experienced brokers and operations managers utilise the latest technology, exercise the highest ethical standards and the experience of a senior management nucleus that has been together for more than twenty years.

Charles R. Weber Company is involved with the procurement of period tonnage for clients all over the world. Whether it be time charter, bareboat or more complicated, financially based purchase and period charter business. The various departments of Charles Weber are in constant contact exchanging and updating information on a minute by minute basis, developing and defining the way charterers and owners view their period coverage in a constantly shifting market.

Projects

Charles R. Weber has a dedicated team of projects brokers ready to serve our clients with all their marine related project needs. Whatever the nature of your maritime project Charles Weber Company, Inc. is well positioned to advise our clients on all aspects of of seabourne transportation. Our close relationships with specialists in all sectors of the industry including banks and shipyards enables Charles R. Weber Company, Inc. to offer advisory assistance from concept to completion.

Research

Charles R. Weber produces daily market reports in all the tanker sectors, weekly summaries of market activity and market movements and monthly and quarterly reporting. We produce a series of tanker reports as well as a number of sector reports and bespoke research reports for specific clients. Our research department develops bespoke reporting solutions for many of our clients.

Charles R. Weber covers everything from tanker voyage charter, bareboat, and time charter to sale and purchase of all vessel types and projects in a multitude of marine sectors. With our broad and diverse global partnerships is able to develop marine transportation solutions, whatever their size or complexity, from conception to completion.

Charles R. Weber Tanker Market
Updated by 10am EST Daily
Wednesday August 5 2020
Trade Cargo
Sentiment
Rate
VLCC
TD1 (WS)
AG > USG 280,000 MT
22.5
TD2 (WS)
AG > SPORE 265,000 MT
35
TD3C (WS) AG > China 270,000 MT
34
TD15 (WS) WAFR > China 260,000 MT
40
-- USG > SPORE $Mn LS
5.6
Suezmax
TD5 (WS) WAFR > USAC 130,000 MT
45
TD20 (WS) WAFR > UKC 130,000 MT
50
TD6 (WS) B.SEA > MED 135,000 MT
52.5
-- (WS) CBS > USG 150,000 MT
67.5
Aframax
TD7 (WS) N.SEA > UKC 80,000 MT
80
TD9 (WS) CBS > USG 70,000 MT
80
TD19 (WS) TURK > MED 80,000 MT
63
TD8 (WS) AG > SPORE 80,000 MT
70
Panamax
TD21 (WS) CBS > USG 50,000 MT
85
TD12 (WS) CONT > TA 55,000 MT
55
CPP
TC2 MR (WS) CONT > TA 37,000 MT
100
TC3 MR (WS) CBS > USAC 38,000 MT
145
TC14 MR (WS) USG > CONT 38,000 MT
100
-- USG > CBS $ '000 LS
6
TC1 LR2 (WS) AG > JPN 75,000 MT
57.5
TC5 LR1 (WS) AG > JPN 55,000 MT
60
TC4 Handy (WS) SPOR > JPN 30,000 MT
92.5
Up
Static
Down
Tanker Time Charter Rates
Wednesday August 5 2020
Vessel Type DWT
12 Months ($/day)
3 Years ($/day)
VLCC (200,000+ dwt)
43,000
39,000
SUEZMAX (130,000-199,000 dwt)
25,000
26,000
AFRAMAX (80,000-129,000 dwt)
21,500
21,000
PANAMAX (60,000-79,999 dwt)
13,000
14,000
MR (40,000-59,999 dwt)
13,750
15,000
HANDY (30,000-39,999 dwt)
13,000
14,000
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