Freight Rates Spiked Over 38% in Trans-Atlantic Routes

• Aframax trans-Atlantic freight spiked over 38% from Feb. 17.
• Close to 50 Aframaxes waiting for USGC discharge.
• Aframax business trickles into Suezmax segment.

A recently published Platts news highlights that the Texas freeze boosts USGC Aframax freight rates to nine-month highs.  Nicole Baquerizo and  Catherine Wood bring out the details of this important news clearly and interestingly for Platts.

The extreme cold temperatures that hit Texas the week...

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