Freight rates for medium-range tankers (MR) outbound from the US Gulf Coast legged up again on Friday, reaching the highest levels since June, thanks to onshore logistical problems creating spot charter opportunities.
The Baltic Exchange’s assessment on TCE rates for the US Gulf-to-Europe voyage moved up to $3,600 per day, a $1,000 jump from yesterday and the highest since 21 June.
Panellists