


| Asian Aframax rates hit 2-year low amid ample supply as cargo volumes fall |
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Asian Aframax freight rates hit a two-year low June 22 amid a sharp decline in cargo volumes and an increasing surplus of tonnage in Southeast Asia and the Persian Gulf, S&P Global Platts data showed. The key Persian Gulf-East route basis 80,000 mt was assessed at Worldscale 60 on June 22, equating to $12.
Posted: 2020-06-23 23:44:00
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