Review to focus on Aframax

PUBLISHED : Wednesday, 24 November, 1993, 12:00am
UPDATED : Wednesday, 24 November, 1993, 12:00am

LONDON-based ship broker Howard Houlder and Partners is introducing a new monthly tanker report to the shipping community with special reference to Aframax tankers.

Issued in the middle of each month, the HHP Monthly Tanker Market Report promises to provide analysis of the previous month's world market in Aframax tankers.

Aframax tankers, regard as the work horses in the carriage of oil, are defined as vessels with a 70,000 to 95,000 deadweight tonne (dwt) capacity.

The HHP report is based on a high percentage of the fixtures reported by Howard Houlder and other shipbroking houses in London and worldwide.

The report will include a monthly Aframax index - a rolling 12-month graph based on Worldscale rate values.