- VLCC rates fluctuate in the East, dip in the West amid weak USG activity
- Suezmax rates pressured by rising West Africa supply and limited demand
- Aframax market remains steady with limited activity during IE week
- Charterers hold leverage in USG as tonnage availability increases
A quiet week East of Suez with volatility persisting in the market. Rates fluctuate but remain in the high WS 50s to China. In the West, a lack of USG activity has led to growing tonnage and slight rate drops, with...
https://mfame.guru/tanker-market-sees-vlcc-volatility-suezmax-weakness-aframax-stability-2/