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Black Sea'Med suezmaxes rate a smile.
(From Lloyds List)
Byline: Sam Chambers in Hong Kong
Tankers
WHILE the suezmax market is still nothing to write home about, at least there are some smiles beginning to crease previously glum Mediterranean and Black Sea owners.
The delayed Black Sea stems came out in one big rush allowing owners to push rates up to crack the W100 mark.
'They could probably move up further still to W110 or W115,' estimates one London broker, citing 'the sheer sudden volume of business' as the reason for the increase. The area could be heading for a shortage of ships in the next week.
Meanwhile West Africa has seen more business than last …
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