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November 30, 2020
Tankers: Rates continue to rise in the Aframax segment, with a further increase of about 30% last week. Figures from the USA are helping to uplift the market considerably, a market that is important for “ton mile demand”. Oil price is moving upwards, and this is due to expectations of a higher oil demand which...
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Tankers: Rates rose by almost 30% in the Aframax and Suezmax segment last week. We finally see that oil exports from Libya are starting to yield results in earnings. US trade routes have also seen a significant increase in earnings in the past week. Recent vaccine news is, of course, good news for the tanker...
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