Record Low Temperatures in New York,Record High Rates in the Caribbean

While even the most thick-skinned and fur-clad New Yorkers seek refuge from ever-plunging temperatures, Aframax vessel rates skyrocketed to record levels, briefly rising this week to a rate of WS 402.5 for the Caribbean/USA trade. This translates into daily earnings of about $72,000 per day for owners. Download here