Following the massive hype on Tuesday caused by the news of the Colonial Pipeline explosion, the sentiment quickly turned which led to a number of ships being failed. As the day progressed yesterday, the situation was to a great extent mirrored in the U.S. Gulf. The market clearly needs to be tested, but we would put TC2 at WS 120 max and softening.
BITR TC2 – NOV. 02: 131.50 (-24.50)
: From Southport Maritime