Aframax spot rates rose today as a key European route reached the highest level in about 17 months.

Data from the Baltic Exchange show that the TD7 route between North Sea export terminals and continental Europe gained 3.4% today to reach $51,000 per day.

Rates on the route haven't seen earnings that high since June 2015.

The earnings gains for aframaxes, which started the week with a tight tonnage list, come as owners continue to benefit from delays in the Turkish Straits.

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