VOL. XLVI
No 10
10-March-2003
SUPPLY/DEMAND
Aframax Squeeze Raises Mediterranean Charter Rates, Says Poten
Charters rates for Aframax tankers are approaching the unbelievably high Worldscale 400 mark in the Mediterranean, equivalent to about $136,000/day, according to the report Aframax Rates Surge published on 28 February by Poten and Partners, New York. The price surge is attributed to a large number of Aframax tankers being held up by bad weather and to the decision by Italy to join France and...
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