Is the summer lull about to begin? The United States is fairly robust, but more ships are beginning to show up in July. Europe has been quiet on the coastal markets, with deep-sea more or less unchanged. Asia has seen some export business, but there are still way too many ships open in the region.
U.S. Gulf of Mexico
Looking at the overall tonnage supply, the U.S. market is very tight on prompt space. Of course, there are always one or two ships on most routes that have the occasional tank, but most prompt requirements would only attract one or two offers. Consequently, there is not a lot of room to leverage the freights.
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