Americas freight bonanza hinges on product availabilities, ballasters

The verdict is out on how far into the second quarter Americas clean tanker markets can sustain the fixing bonanza that has driven freight to peaks not seen since the third decade of April 2020, when pandemic-related global lockdowns prompted steep contangoes on the oil markets and put over 200 million barrels of crude and …

The post Americas freight bonanza hinges on product availabilities, ballasters first appeared on Hellenic Shipping News Worldwide.

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