Bullish sentiment pushed suezmax spot rates to a level not seen since January 2024, but brokers warned of “headwinds” on the horizon for the Atlantic market as the next chartering window faces pressure from larger VLCCs.

The Baltic Exchange’s assessment of suezmax time-charter equivalent earnings inched upward to just over $60,400 per day on Thursday. That marked a one-week gain of 1.7%,