Rates for suezmaxes loading in West Africa have rebounded after Nigeria fixed a pipeline leak that had halted exports.
Simpson Spence Young (SSY) said that earnings for the million-barrel tankers were averaging $1,000 per day to northern Europe by the end of November, following a force majeure imposed after oil escaped from the 150,000-barrel-per-day Nembe Creek Trunk Line.
"Infrastructure issues in West Africa hampered loadings from the region," the UK shipbroker added.
