Crude Oil
Middle East
The AG VLCC market is ending the week on a firm footing as we continue to see Charterers even at this late stage taking tonnage off March dates. The April programme should come out over the weekend but we have only seen a few COA’s and Basrah questions so far, so this should increase owners expectations that next week will be busy hence creating an uptick in rates. Today we are calling 270,000mt AG/China run at ws 75 and 280,000 AG/USG is now at the ws 48 level.
The list in...
https://mfame.guru/fueling-the-economy-a-deep-dive-into-crude-oil-shipping-trends/