MarineLink News Search
Search term • Tanker-Rates-Double
Create an email alert for Tanker-Rates-Double
Oil Tanker Rates Double
Supertanker freight rates are on the rise for a second time this month as producers, refiners and traders scramble to secure ships to transport crude or store a fast-growing global glut of oil, industry sources said.Freight rates for very large crude-oil carriers (VLCC) along the Middle East Gulf to China route were assessed at about $180,000 a day on Monday, up from some $125,000 on Friday and a weekly low of about $90…
Carib Tanker Rates Double Overnight
Tanker freight rates from the Caribs to the U.S. Gulf, which plummeted by $0.64 per barrel over the last week, have almost doubled overnight to levels only seen once before this year.
Tanker Rates Double
Rates for tankers to carry crude cargoes from the North Sea to Europe have nearly doubled over the last 48 hours to levels not seen since April, brokers said on Thursday.