Asian tanker freights expected to recover on geopolitical disruptions, seasonal uptick
October 10, 2023 Comments Off
The clean and dirty tankers’ freight are likely to see some recovery in the October-December quarter on winter demand and geopolitical disruptions after the recent decline due to seasonal refinery maintenances, market participants said. Brokers estimated daily VLCC spot earnings for scrubber-fitted ships around $30,000 Oct. 9 on the Persian Gulf-North Asia routes, down from over $35,000 on July 1….
Asian tanker freights expected to recover on geopolitical disruptions, seasonal uptick
The clean and dirty tankers’ freight are likely to see some recovery in the October-December quarter on winter demand and geopolitical disruptions after the recent decline due to seasonal refinery maintenances, market participants said. Brokers estimated daily VLCC spot earnings for scrubber-fitted ships around $30,000 Oct. 9 on the Persian Gulf-North Asia routes, down from over $35,000 on July 1….
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