Libyan freight premiums subside amid consistent output Freight premiums for Aframax and Suezmax tankers loading from Libya have subsided as the North African producer has once again emerged as the main export hub in the Mediterranean crude market. Freight rates for voyages out of Libya have been priced at a premium over standard cross-Mediterranean Aframax assessments in the last six months amid geopolitical uncertainty and prompt laycan dates. However, the premium on Aframax and Suezmax tankers has narrowed since late February, according to S&P Global Platts data. The Aframax Libya-to-Mediterranean run was assessed at w92.5 on March 4, on par with the Ceyhan-to-Mediterranean run.