According to Omar Nokta, an analyst at Clarkson Capital Markets, tonnage fixed to transport crude from West Africa to Europe was commanding $44,000 per day on average.
In a client briefing the researcher acknowledged that this represents a daily decline of roughly 10% but noted current levels are still "relatively strong".
"The route has eased from $55,000 per day earlier this week following a pullback in fixing activity," Nokta continued.
"We
