After chugging along for most of the last few weeks, aframax rates spiked thanks to a flurry of activity in Europe.
Clarksons’ fleet weighted average for the tankers came in at $37,600 per day on Wednesday, a rise of nearly 17% day on day.
Rates for an eco-designed aframax on a cross-Mediterranean journey surged more than 27% to $51,200 per day.
