The Atlantic clean tanker market has firmed, as Braemar Seascope puts it, up from "appalling" to "bad".

Happier days in the West

Over the last couple of weeks, Braemar Seascope has described the transatlantic sector in increasingly apocalyptic terms, before ending up at "catastrophic."

But there has been a turnaround as port congestion in Europe has caused a shortage of tonnage in the Atlantic.

Cargoes