InvestorsHub Logo

conix

05/04/19 10:11 AM

#653 RE: Eurotradr #652

Healthy tonnage availability saw Suezmax rates come under downward pressure. The market for 130,000mt from West Africa to Europe dipped to WS 55/57.5 region, before recovering modestly to WS 60.

Black Sea rates also weakened, with the market now in the high WS 70s for 135,000mt cargo. This is in contrast to WS 80 a week ago.