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Asia Pacific Tankers and Gas Freight rates

Asian clean MR tankers have their time in the sun

The benchmark medium range Pacific Basket on the Baltic Exchange rose to $14,145 per day on Wednesday, more than the double a week ago and the highest level so far this year

  • Analysis

The rise in coronavirus cases in China and the rest of North Asia is bullish for clean product tankers. Mobility restrictions will continue to slow domestic transport fuel demand in the region, pushing products toward Singapore, significantly increasing the demand for seaborne transportation

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Asia Pacific Tankers and Gas Freight rates
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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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