On Tuesday RS Platou Markets pointed out that day rates have surpassed the $40,000 mark, which represents a daily gain of approximately 26%.
In a note to clients the investment bank attributed the rebound to a spike in fixtures involving tonnage taken for trips from the Middle East to Asia.
“The tonnage list up to the 20th of November has tightened and with only about seven fixtures seen so far for loading in the middle of the month, owners will surely be aiming for further gains as the week progresses,” it added.
Euronav
