According to the latest report from OPEC, in April, crude oil tanker market sentiment weakened and average spot freight rates dropped on most of the reported routes. On average, dirty tanker freight rates closed down by 4% compared to the previous month. For the VLCC sector, average spot freight rates for reported routes dropped by 5% in April, compared to the
WORLD SHIPPING
17 May 2014 - 00:00
Tanker market retreats in April
According to the latest report from OPEC, in April, crude oil tanker market sentiment weakened and average spot freight rates dropped on most of the reported routes. On average, dirty tanker freight rates closed down by 4% compared to the previous month. For the VLCC sector, average spot freight rates for reported routes dropped by 5% in April, compared to the
WORLD SHIPPING
17 May 2014 - 00:00
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