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Period charter activity for MR tankers heats up

Home | Press | Period charter activity for MR tankers heats up

Product tanker trade experiencing more optimism amid drawdowns in petroleum inventories

“The rate is strong considering the vessel is Chinese-built and without scrubbers, and especially the optional rate is a high rate indicating that the charterer is bullish about the market for 2022,” brokerage Alibra Shipping director Giuseppe Rosano said.

Trade Winds Mast Head

Product tanker trade experiencing more optimism amid drawdowns in petroleum inventories

“The rate is strong considering the vessel is Chinese-built and without scrubbers, and especially the optional rate is a high rate indicating that the charterer is bullish about the market for 2022,” brokerage Alibra Shipping director Giuseppe Rosano said.

By Max Tingyao Lin (London)

(Originally published at Tradewindsnews.com – 26 May 2021)