SUBSCRIBERS
Tanker rates rise as US refiners boost shipments to Latin America
Published Tue, Dec 9, 2014 · 09:50 PM
London
TANKER rates are increasing to the highest level in at least three years as a surge in US refining boosts demand for ships to carry processed fuels to Latin America and the Caribbean.
Vessels carrying about 38,000 tonnes of refined fuels to Rio de Janeiro from Houston earned an average of US$31,050 a day last week, according to data from Clarkson Plc. …
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Transport & Logistics
Toyota hits record annual output, sales on robust demand
Nissan, Mazda roll out new models for China as they aim for comeback
VinFast chief plans to invest US$1 billion more from his fortune in EV maker
XPeng CEO says its software, AI upgrades to enter ‘super fast cycle’
Swedish manufacturer is latest to offer electric pleasure craft in Singapore
Mercedes says it will continue to invest in China tie-ups