High LNG prices and rising temperatures could support suezmaxs, aframaxes and MRs in the coming month, Barry Rogliano Salles (BRS) speculated in a note on Monday.
The French shipbroker said demand for cooling as summer kicks into gear would push countries in the Middle East and South Asia to flip to fuel oil, a trade currently supporting suezmax and aframax rates and could mean a further boost for MRs.
