TANKER

摘要

1.Crude tanker rates continued to retreat in June, with earnings hitting multi-year lows on some routes, as cargo volumes fell in line with OPEC+ production cuts and a fall in output from Atlantic Basin producers while vessels previously booked for storage were released.2.But there was an uptick in VLCC & Suezmax rates in early July as tonnage supply was squeezed by lengthy vessel discharge times in China.3.Product tanker earnings also declined in June as trade flows were inhibited by high refined oil stocks while tonnage availability increased as ships left floating storage and timecharter demand slowed.