Asian naphtha demand propels Med-Japan LR2 rate to record high
Oil Markets · S&P Global Platts
January 30, 20143m 58s
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Show Notes
Mediterranean-Japan freight rates have shot up over $3 million, the highest in over a year. Wanda Wang, Platts Asia shipping editor, explores how the West of Suez market and Aframaxes have pushed the rates up and shares market sentiments on the sustainability of the rates. This is the latest in a...