Mideast Crude Tanker Rates Up, Supply still weighs
21.09.2010
Crude oil freight rates on major routes were mixed on Monday with vessel oversupply keeping earnings in the Middle East market below operating costs.
The world's benchmark Very Large Crude Carrier (VLCC) export route from the Middle East Gulf to Japan DFRT-ME-JAP edged higher to W47.62 or $8,606 day, from W46.78...