Americas clean tanker freight posts 32%-60% loss as ballasters alleviate tonnage crunch
An armada of European and West African ballasters coupled with improved replenishment of tonnage on the Americas short-haul routes forced freight for Medium Range tankers down 32%-60% on the US Gulf Coast-loading clean tanker benchmark routes to Brazil, Chile and the Caribbean. Mabanaft placed a Norient Medium Range tanker on subjects at $1.5 million April ...
Source: hellenicshippingnews.com