Transatlantic Clean Tanker Rates at 1-Month High

Tuesday, June 21, 2011

According to a report from Reuters, refined petroleum tanker rates on top global export routes were mostly firmer on June 20 with transatlantic earnings at their highest in a month due to positive sentiment and cargo bookings in recent days. Rates for medium-range tankers from Rotterdam for 37,000 tonne cargoes to New York were at W174.79 on Monday, from W167.88 on Friday and W151.14 last Monday and at their highest since May 19.

Source: Reuters

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