WAF-UKC VLCC rate jumps more than 30 points on week to hit w75

Dirty freight rates for the Very Large Crude Carrier West Africa to UK-Continent route jumped to a 16-week high Oct. 13, with market participants citing firming sentiment, improved demand and a tightening tonnage list. Platts, part of S&P Global Commodity Insights, assessed wet freight on the 260,000 mt WAF-UKC route at w75 on Oct. 13, up w18 from the previous…Dirty freight rates for the Very Large Crude Carrier West Africa to UK-Continent route jumped to a 16-week high Oct. 13, with market participants citing firming sentiment, improved demand and a tightening tonnage list. Platts, part of S&P Global Commodity Insights, assessed wet freight on the 260,000 mt WAF-UKC route at w75 on Oct. 13, up w18 from the previous…  Read More