Thu, 21 May 2020 21:00:58 +0000
Freight rates for oil product tankers have returned to more ‘normal’ levels following a spike in late April when rates across all ship sizes reached record highs. LR2 earnings peaked at USD 169,829 on 27 April on the benchmark naptha condensate trade from the Middle East to Japan. Rates have since fallen to USD 45,459 …
Full article: https://www.hellenicshippingnews.com/daily-lr2-product-tanker-earnings-fall-by-usd-100000-in-12-days/