- CPC-East Suezmax freight rate hits 10-month high.
- Owners demanding $1.3 mil premium for Cape detour.
- CPC Suezmax shipments to Far East fall to 3-year low.
Freight rates for Suezmax voyages loading in the Mediterranean and Black Sea and discharging in the Far East have risen significantly, with sources pointing to the ongoing instability in the Red Sea region, which has made owners increasingly reluctant to send their vessels through the Suez Canal, reports Platts.
Very few owners are still...https://mfame.guru/red-sea-crisis-med-black-sea-eastbound-suezmax-rates-jump/