MR Product Oil Ship Freight Rebound

- Apr 16, 2018-

According to Platts, benefiting from the new demand for gasoline transportation in the West African market, the freight rate of the MR product oil tanker on the westbound Suez Canal has been swept away this year. The freight rate has been sluggish this year and rebounded since early April, which has pushed shipowners to move forward. price. slip on flange


On April 11, the freight index of the 37,000-ton MR finished oil tanker on the Continental-United States Atlantic coast route jumped to w135, returning to the first week of March, which was 12.5 points higher than the previous week, compared to 2018 on April 6. The annual low w102.5 rose 32.5 points.


On April 12, "Ridgebury John B" won the Total company's transportation agreement for the transatlantic shipping after petrol was loaded in the Amsterdam-Rotterdam-Antwerp area. The freight index was w135. The agreement also includes a West African market transport option with a freight index of w155. ASME Flange


According to S&P Global Platts, as of April 19, about 10 MR product tankers began loading cargo in the Amsterdam-Rotterdam-Antwerp region.