Americas Aframax rates surge to record high as shipowners regain upper hand

route change expired 81% Shipping

Aframax freight rates for the Vancouver-China shipping route surged to a record high on September 10 due to tight tonnage and strong global demand, signaling advantageous conditions for shipowners. Market dynamics show owners capitalizing on strong demand in the Far East and Arab Gulf regions.

πŸ‡¨πŸ‡¦ Location: Vancouver — Sources: 4 — First seen: Last seen:
Aframax freight rates Vancouver-China route shipowners tonnage tightness

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Vancouver

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China

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Far East

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Arab Gulf

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New Pacific Industrial

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American Marine Corporation

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Glosten

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Canadian Coast Guard

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Great Lakes

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Kempower

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EVlution Charge

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Global Container Terminals

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Port of Vancouver

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