Suezmax earnings fell 10.4% Monday to hit a low for the year so far as problems in West Africa dragged the sector down.
The Baltic Exchange reported the segment's average time-charter equivalent (TCE) rate at nearly $20,400 per day today, a $2,110 decline from Friday's assessment.
The rate marks the fifth straight day of decline for the sector and is 63.8% lower than the same time last year.
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