Tanker freight rates to stay close to 2010 levels, bunker prices to average $510 pet ton says report

A new report from US-based Mcquilling Services said that tanker freight rates are expected to remain at or near 2010 levels (adjusted to 2011 WS flat rates) this year, while bunkers will average $510 per metric ton, so TCE revenues should be slightly less than last year.
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Source: Hellenic Shipping News