Fri, 21 Jan 2022 22:00:59 +0000

The long-expected year-end recovery in dirty tanker spot freight rates failed to materialize in December, as lockdowns at the end of the year and softer Chinese buying limited tonnage demand, OPEC said this week, in its latest monthly report. On average, VLCCs and Aframax slipped 5% and 3%, respectively, m-o-m in December. Suezmax managed a …

The post 2021 Ends With Tanker Market in Dire Straits first appeared on Hellenic Shipping News Worldwide.


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