Tankers: WAF VLCC freight rates soft due to weak China buying, slow Persian Gulf market
The cost of taking crude oil from West Africa to China on VLCCs has hit a near two-month low, due to slack demand from China and a weak Persian Gulf market, sources said.
Medium-range clean product freight rates from NWE to WAF firm against USAC
Freight rates to move clean products on medium-range vessels between Northwest Europe...