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Could the Aframax Tanker Market be Headed for Additional Support? | Hellenic Shipping News Worldwide

Could the Aframax Tanker Market be Headed for Additional Support? | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

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USGC-Transatlantic tanker rates surge as majors replace Russian crude with US barrels

Freight for the Aframax and Suezmax US Gulf Coast-Transatlantic runs rose w35 and w24, respectively, in the four consecutive trading sessions leading up to March 24, as major oil companies stepped into the fixing arena to cover third-decade March and first-decade loading US crude stems on the 70,000 mt and 145,000 mt USGC-Transatlantic runs, in .

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US crude exports top 3 million b/d last week, but high freight rates still loom

An Oct. 20 report from the US Energy Information Administration showed a more than 500,000 b/d uptick in weekly US crude exports over the week ended Oct. 15, but a narrowing Brent/WTI spread and rising freight rates continue to put pressure on US export economics. Crude exports in the week ended Oct. 15 were reported .

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US crude exports four-week moving average hits more than one-year high | Hellenic Shipping News Worldwide

US crude exports four-week moving average hits more than one-year high | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

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Tanker Market Facing Short-Term Challenges, But Outlook Still Positive Says Ship Owner

The tanker market is still expected to face some headwinds moving forward, but as the global economy recovers, so will oil demand. In a recent market analysis, ship owner Teekay Tankers said that “crude tanker spot rates remained under pressure during the first quarter of 2021 due to the ongoing impact of the COVID-19 pandemic .

Saudi arabiaAtlantic aframaxInternational monetary fundInternational energy agencyTeekay tankersAtlantic basinSuez canalEver givenHellenic shipping newsசவுதி அரேபியாசர்வதேச பண நிதிடீக்கே டேங்கர்கள்அட்லாண்டிக் பேசின்ஸூயெஸ் கால்வாய்எப்போதும் கொடுக்கப்பட்டதுஹெலெனிக் கப்பல் போக்குவரத்து செய்தி