Today the trader was tipped as the charterer of the 50,000-dwt Emerald Express (built 2011), a medium-range (MR) product tanker controlled by Mitsui OSK Lines of Japan.

According to a report published by RS Platou Houston, Trafigura paid more than $1.2m to hire this vessel for a single voyage from the US Gulf to Chile.

At a glance the deal doesn’t seem particularly exotic but a leading US tanker broker feels it serves as further evidence that the company is still an active player in the spot market.

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