Suezmaxes and aframaxes hit year-to-date highs as market tightens across globe

Suezmax and aframax rates have surged in recent weeks to year-to-date highs.

The Baltic Exchange’s suezmax time-charter equivalent assessment added $1,428 on Thursday, rising to $56,540 per day, while the aframax TCE assessment jumped $1,015 to $49,397 per day — both high marks for 2025.

Tanker bonds resilient to trade war while containers most exposed, DNB Markets says

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“The midsize tanker segment has remained strong over the past several trading days, with notably strong activity out of the US Gulf market to Europe,” said Jefferies analyst Omar Nokta.