WAF-UKC Suezmax rate jumps to 15-week high amid strong inquiry, firm USG market

Dirty freight rates for the Suezmax market in the West of Suez region shot up to a 15-week high Oct. 12, with market sources pointing to an expected seasonal rise in inquiry levels, a rapidly strengthening US Gulf market, firming VLCC and Aframax markets and insufficient tonnage to meet demand. Platts, part of S&P Global …

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