(Bloomberg) -- The cost of hiring tankers to ship gasoline, diesel and other so-called clean petroleum products on Asian routes rose to the highest in almost three months as traders booked vessels before holidays this week.
Rates to transport a 30,000 metric ton cargo on the benchmark route from Singapore to Japan rose 3.7 percent on April 27 to Worldscale 210.83, the highest since Feb. 1, according to London's Baltic Exchange. That pegs the cost of shipping a gallon fuel on the route at 5.7 cents, according to calculations based on data compiled by Bloomberg
Read more at Bloomberg Energy News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment