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Weekly Tanker Time Charter Estimates October 4 2017

Earlier today in the meeting in Moscow, the world’s biggest oil producers, Russia and Saudi Arabia, have announced a $1BN fund to invest in energy projects that is expected boost the economic and political partnership between the two countries.

This week period MR rates for 1 year are hovering at 13,500/pdpr while there was also increased enquiry for Aframaxes that slightly boosted the rates to $15,500/pdpr for the same period.

 

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