Forward freight curves for product tankers indicate markets are pricing in only short-term disruption to Red Sea shipping, analysts and brokers believe.
Rates for clean carriers are still increasing. The Baltic Exchange’s assessment of Middle East to Japan LR2 voyages is at an eye-catching $101,000 per day, or around Worldscale 350 — up 3% from the previous day and a staggering 104% in a week.
