Another cold winter will boost rates

The 2010/2011 winter season in Europe has started with icy cold weather, snow and rough seas, which has given a long awaited boost to Aframaxes.
The anticipation of developing ice in the Baltic Sea propelled daily returns for North Sea Aframaxes from $4,000 per day in the first half of November to $64,000 per day on the 8th
December, said Gibson Research in its weekly report.
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Source:Tanker Operator