Tuesday, June 19, 2007

Caribbean Tanker Rates Are Unchanged for Third Day Amid Weak Vessel Demand

(Bloomberg) -- Rates to ship crude oil from the
Caribbean basin were unchanged for a third day amid reduced
refinery operating rates.

No Aframax tankers, which can transport about 600,000
barrels of oil, were hired today, according to a daily report
from Houston-based shipbroker Lone Star, R.S. Platou.


Read more at Bloomberg Energy News

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