What’s been driving recent volatility in global clean tanker freight?
Commodities Focus
00:00
Is the East of Sues Market Lagging?
Rates for tankers loading in the natural east of sue supply regions appear to have been lagging the western hemisphere. Samir: The freight we see is at a two year high, so as they say that if the rusia and ukrine catch a cold, it is the fever is there. On the other side, it is in isia that we are feeling a big impact of this. So what is happening is now they are asking for more options within that region to deliver.
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