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Tanker rates climb as India boosts imports of Russian seaborne oil

Crude exports from Russia’s western ports of Primorsk, Ust-Luga and Novorossiisk rose by 500,000 barrels per day in September from August to a document 2.5 million bpd, pushed by unplanned refinery upkeep.

Freight prices for transporting Urals from the Baltic ports of Primorsk and Ust-Luga to India for late October loading have climbed to round $7 million for Aframax tankers, up from $6–6.5 million for one-way voyages in late August to mid-September, the sources stated.


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Ryan

Ryan O'Neill is a maritime enthusiast and writer who has a passion for studying and writing about ships and the maritime industry in general. With a deep passion for the sea and all things nautical, Ryan has a plan to unite maritime professionals to share their knowledge and truly connect Sea 2 Shore.

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