Home International Shipping News Tankers: Spot Market Starting to Hot Up

Tankers: Spot Market Starting to Hot Up

VLCC There were a few spot market deals and more contract of affreightment fixtures this week which has had a slightly positive impact on market rates in the Middle East Gulf region. The rate for 280,000-mt to US Gulf (routing via the Cape/Cape) remains steady at the WS18 mark, while 270,000-mt to China saw about …

The post Tankers: Spot Market Starting to Hot Up first appeared on Hellenic Shipping News Worldwide. Source

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