Canal congestion lifts Atlantic MR rates, but rally could stall as cargoes dwindle in Europe
May 20, 2022 0Middle East Logistics News
MR tankers in the Atlantic finished the week on a high note, but how much higher they can go depends on competing factors on either side of the ocean.
The Baltic Exchange’s Atlantic basin time charter equivalent rate assessment skyrocketed by nearly $20, …
Canal congestion lifts Atlantic MR rates, but rally could stall as cargoes dwindle in Europe