Americas Aframax freight rates are expected to remain near breakeven levels during the first half of 2021, under downward pressure until a widespread deployment of the coronavirus vaccine revives refinery runs, bolstering demand for waterborne crude imports. “At the minimum, the first six months rates will be pretty poor. It’s going to take a long …
The post Americas Aframax freight to remain near breakeven levels until H2 first appeared on Hellenic Shipping News Worldwide.