Saudi Arabia’s Yanbu hasn’t loaded crude since September 11, according to Vortexa data. Shutdown will effect exports with a lag from Egypt’s Sidi Kerir in the Mediterranean
Vortexa sees more suezmaxes and aframaxes en route to Sidi Kerir; even as exports there continue, more volume may go to Europe versus around the Cape of Good Hope to Asia
VLCC indexes climb further on Tuesday: MEG-China to $1.1m per day, Oman-China to $790,789 per day, West Africa-China to $485,787 per day, US Gulf-China to $338,143 per day
https://www.lloydslist.com/LL1158455/With-Yanbu-exports-in-peril-VLCC-spot-rates-continue-to-spike
🛢Ellinne
Vortexa sees more suezmaxes and aframaxes en route to Sidi Kerir; even as exports there continue, more volume may go to Europe versus around the Cape of Good Hope to Asia
VLCC indexes climb further on Tuesday: MEG-China to $1.1m per day, Oman-China to $790,789 per day, West Africa-China to $485,787 per day, US Gulf-China to $338,143 per day
https://www.lloydslist.com/LL1158455/With-Yanbu-exports-in-peril-VLCC-spot-rates-continue-to-spike
🛢Ellinne
Comments
Be the first to add a comment
Log in to comment