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Asian Aframax rates hit 2-year low amid ample supply as cargo volumes fall
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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Render therefore unto Cæsar the things which are Cæsar's; and unto God the things that are God's. Matthew, 22. 21

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