Soaring product tanker rates on the Atlantic
Earnings in the MR product tanker market on the Atlantic have doubled within the past two weeks, says Platou. But the Atlantic trade could be challenged by growing transports to developing economies.
by DANIEL LOGAN
MR (Medium Range) product tankers on the Atlantic are currently sailing rates of up to USD 31,800 per day, which means that earnings for the ships have doubled in the past two weeks.
Already a subscriber?Log in here
Read the whole article
Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
Platou: Golden 2015 ahead for tankers
For subscribers
VLCC divestments drove Scorpio Tankers' profit in 2014
For subscribers
Teekay Tankers: The best spot rates in six years
For subscribers
