Freight Agreement News Today

Increased competition between Suezmax and Aframax tankers on the US Gulf Coast-Transatlantic runs prompted rates to fall 48.3% and 29.3% from the crude export-driven freight spike seen in early April. Charterers looking to cover trans-Atlantic crude stems were heard to have been looking at both Suezmax and Aframax options, all of which ultimately chose a ...

Freight for the Aframax and Suezmax US Gulf Coast-Transatlantic runs rose w35 and w24, respectively, in the four consecutive trading sessions leading up to March 24, as major oil companies stepped into the fixing arena to cover third-decade March and first-decade loading US crude stems on the 70,000 mt and 145,000 mt USGC-Transatlantic runs, in ...