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Tankers

Fresh interest sparks rate spike on West Africa trade

ONE-million barrel tanker rates spiked last week in West Africa, supported by a healthy level of fresh inquiry, writes Jamie Dale.

But with Labor Day in the US today, charterers were expected to let the dust settle at W190 for trips to the US. Brokers expect rates to remain sideways for now.

The Baltic Exchange TD5 route, which covers a suezmax v...

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