Suezmaxes led another day of declining spot rates in the crude tanker market as oil supply problems in West Africa kept cargoes out of the market.
Spot rates for suezmaxes slipped 8.8% today to an average of nearly $29,100 per day, according to data from Howe Robinson.
The shipbrokerage said in a daily market report that there were more cargoes available today in West Africa, but they dates reached well into the third decade of the month.
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