Dec. 18 at 5:05 PM
$NAT Spot rates: Something is boiling again in the smaller crude tanker segments, as VLCCs remain flattish – still at the same obscene levels that have not been seen for this period of time in more than 20 years now. Suezmaxes jumping on tighter position lists in West Africa – while the aframax rally in the Caribs is continuing – and spilling over to the rest of the West. LRs stable, MRs stable – but FFAs are falling and the crude outperformance vs. clean continues.