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Tanker freight derivatives volumes highest this decade

The return of volatility to tanker rates over the final quarter of 2019 was helped by geopolitical tension in the Middle East, alongside an already anticipated boost in rates from the introduction of a global marine fuels sulphur cap from January 1

Another week’s trading volumes are still to be reported but so far the annual total of forward freight agreements is the most in data going back to 2009

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